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NJ A4039

Bill

Status

Introduced

2/12/2026

Primary Sponsor

Alex Sauickie

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Appropriates $100,000 from the General Fund to establish a grant program for nonprofit organizations that provide financial literacy education

  • Grants of up to $5,000 available to 501(c)(3) organizations whose primary focus is consumer financial counseling, debt management, or financial literacy programs

  • Commissioner of Banking and Insurance will administer the program and establish application and evaluation criteria

  • Required course topics include budgeting, credit establishment, automobile and mortgage loans, personal taxes, and introduction to investing in securities and stocks

  • Program targets high school, college, and adult education communities to address shortages in personal finance education availability

Legislative Description

Provides grants to nonprofit organizations that provide financial literacy classes; appropriates $100,000.

Community Development and Women's Affairs

Last Action

Introduced, Referred to Assembly Community Development and Women's Affairs Committee

2/12/2026

Committee Referrals

Community Development and Womens Affairs Committee2/12/2026

Full Bill Text

No bill text available