Bill Text: DE HCR121 | 2023-2024 | 152nd General Assembly | Draft

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Bill Title: Dedicating The Month Of April 2024 As Financial Literacy Month.

Spectrum: Moderate Partisan Bill (Democrat 13-3)

Status: (Introduced) 2024-04-25 - Passed In House by Voice Vote [HCR121 Detail]

Download: Delaware-2023-HCR121-Draft.html

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SPONSOR:	Rep. Neal & Sen. Pinkney
Reps. Bush, Osienski, Baumbach, K. Johnson, Romer, Morrison, Yearick, Michael Smith; Sens. Hansen, Gay, Huxtable, Hoffner, Wilson, Mantzavinos

HOUSE OF REPRESENTATIVES

152nd GENERAL ASSEMBLY

HOUSE CONCURRENT RESOLUTION NO. 121

DEDICATING THE MONTH OF APRIL 2024 AS “FINANCIAL LITERACY MONTH”.

WHEREAS, according to the Financial Industry Regulatory Authority, 66% of Americans are financially illiterate; and

WHEREAS, regardless of income 60% of Americans live paycheck to paycheck; and

WHEREAS, 95% of Americans do not save enough for retirement, 33% of Americans save nothing at all for retirement; and

WHEREAS, according to US Bureau of labor statistics 37% of high school students do not go to college, most of these students do not receive financial literacy training in high schools; and

WHEREAS, it is vital that Delaware’s public schools prepare students to be financially literate and make appropriate personal finance decisions that prepare students for college, career, and civic participation; and

WHEREAS, states across the country have designed financial literacy programs and standards that better prepare students for college, careers and civic participation; and

WHEREAS, the Council for Economic Education has determined that financial literacy is not just a high school concern, but a concern for students throughout their K-12 education and college; and

WHEREAS, the National Endowment for Financial Education found that students have less of a likelihood of carrying a credit card balance if they took personal finance classes; and

WHEREAS, institutions of education, governments, private businesses, community-based organizations and private businesses should work together to inform consumers to make financial decisions; and

WHEREAS, there is a strong group of educators and organizations that are working to improve personal finance and financial literacy throughout Delaware.

NOW, THEREFORE:

BE IT RESOLVED by the House of Representatives of the 152nd General Assembly of the State of Delaware, the Senate concurring therein, that April 2024 is hereby designated as “Financial Literacy Month”.

SYNOPSIS

This Concurrent Resolution dedicates the month of April 2024 as "Financial Literacy Month" in the State of Delaware.