Provides grants to nonprofit organizations that provide financial literacy classes; appropriates $100,000.
This bill creates a $100,000 grant program administered by New Jersey's Commissioner of Banking and Insurance to support nonprofit organizations providing financial literacy education. Nonprofits (including 501(c)(3) groups) can receive up to $5,000 per grant to develop and teach classes on budgeting, credit management, debt, and investing in high schools, colleges, and adult education settings. The program aims to expand access to financial education where such classes are currently limited, with funds expiring one year after full expenditure. It directly affects eligible nonprofits and the public by funding concrete educational resources without changing existing laws or regulations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 12, 2026
Last action Feb 12, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 12, 2026
Introduced
Introduced, Referred to Assembly Community Development and Women's Affairs Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alex Sauickie
RRepublican
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