Bill Text: IL HR0781 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Designates the date of April 11, 2014 as Teach Children to Save Day in the State of Illinois.
Spectrum: Bipartisan Bill
Status: (Passed) 2014-04-07 - Resolution Adopted [HR0781 Detail]
Download: Illinois-2013-HR0781-Introduced.html
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| 1 | HOUSE RESOLUTION
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| 2 | WHEREAS, The members of the Illinois House of | ||||||
| 3 | Representatives are committed to the youth of our State and | ||||||
| 4 | dedicated to teaching fundamental life lessons to the State's | ||||||
| 5 | future generations; and
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| 6 | WHEREAS, A lack of financial knowledge can lead to | ||||||
| 7 | devastating money problems, including unmanageable debt or | ||||||
| 8 | even home foreclosure; and
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| 9 | WHEREAS, The month of April is recognized nationally as | ||||||
| 10 | Financial Literacy Month; and
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| 11 | WHEREAS, In 2008, the President's Advisory Council defined | ||||||
| 12 | financial literacy as "the ability to use knowledge and skills | ||||||
| 13 | to manage financial resources effectively for a lifetime of | ||||||
| 14 | financial wellbeing"; and
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| 15 | WHEREAS, Teach Children to Save Day was established by the | ||||||
| 16 | American Bankers Association in 1997 and has reached more than | ||||||
| 17 | 5.6 million young people through the commitment of more than | ||||||
| 18 | 121,000 banker volunteers; and
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| 19 | WHEREAS, The members of the Illinois House of | ||||||
| 20 | Representatives support teaching our children money management | ||||||
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| 1 | skills and encouraging them to save money for the future; we | ||||||
| 2 | also support education and money management as skills as a key | ||||||
| 3 | to a better life for our children; and
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| 4 | WHEREAS, Teaching children the value of savings and the | ||||||
| 5 | prudent use of credit will enable them to be financially | ||||||
| 6 | capable adults who can properly manage and invest money, which | ||||||
| 7 | will also benefit our State and national economy; therefore, be | ||||||
| 8 | it
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| 9 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE | ||||||
| 10 | NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | ||||||
| 11 | we designate the date of April 11, 2014 as Teach Children to | ||||||
| 12 | Save Day in the State of Illinois; and be it further
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| 13 | RESOLVED, That we encourage all banks and schools | ||||||
| 14 | throughout the State to take part in this program.
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