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NY S02150
Bill
Status
6/18/2015
Primary Sponsor
David Carlucci
Click for details
AI Summary
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Adds financial literacy and personal finance education as an allowable activity in public assistance employment programs, including instruction on cash management, credit, savings accounts, loans, investing, and retirement planning.
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Permits social services districts to work with the Department of Labor to provide workforce guidance and information in accordance with labor law.
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Includes financial literacy education as an available vocational or educational activity that social services districts must make available to program participants.
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Effective 180 days after the bill becomes law, with the Commissioner of Temporary and Disability Assistance authorized to promulgate necessary regulations immediately upon enactment.
Legislative Description
Authorizes social services districts to offer participants in public assistance employment programs an option to complete a course of instruction in financial literacy and personal finance; authorizes local social services districts to cooperate with the department of labor in providing workforce guidance and information.
Last Action
referred to social services
6/9/2016