Provides grants to nonprofit organizations that provide financial literacy classes; appropriates $100,000.
This bill allocates $100,000 from the state General Fund to provide grants to nonprofit organizations that offer financial literacy classes. The grants, capped at $5,000 per organization, support classes on budgeting, credit management, loans, taxes, and investing for high school, college, and adult education programs. The Commissioner of Banking and Insurance will administer the program, requiring applicants to focus on personal finance topics defined in the bill. The funding expires one year after all $100,000 is spent.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2024
Committee Review
Floor Vote
Governor
Introduced Oct 7, 2024
Last action Oct 7, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Oct 7, 2024
Introduced
Introduced in the Senate, Referred to Senate Commerce Committee
upper
2 primary · 0 co-sponsors
Sponsors
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