MS SB2991

Creates a 13-member task force to study strategies for improving financial literacy in Mississippi and make recommendations to the Legislature, including education on budgeting, savings, credit, and identity theft.

Membership includes representatives from the Department of Education, Mississippi House and Senate, financial institutions, realtors, accountants, the Governor, State Treasurer, Secretary of State, and the Mississippi Council on Economic Education.

Task force members shall be appointed within 30 days of the act's effective date and must hold their first meeting by June 1, 2010, at which they will elect a chairman, vice chairman, and other necessary officers.

Members serve without compensation and the task force shall operate without state appropriation or funds, though it may accept donations or grants from public or private sources with majority approval.

Task force is dissolved upon presentation of its final report to the Legislature at the 2011 Regular Session; state departments and agencies must provide staff support as requested.