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Bill > AJR61


NJ AJR61

NJ AJR61
Designates April of each year as "Financial Literacy Month" in New Jersey.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This joint resolution designates April of each year as "Financial Literacy Month" in New Jersey in order to improve the understanding of the State's citizens of critical financial issues such as credit management, savings, debt management, and homeownership, and to significantly increase an individual's likelihood of financial success. Under the joint resolution, the Governor is respectfully requested to annually issue a proclamation recognizing April as "Financial Literacy Month" in New Jersey and calling upon schools, financial institutions, nonprofit financial educational organizations, the citizens of the State, and other interested groups to observe the month with appropriate activities and programs.

AI Summary

This joint resolution designates April of each year as "Financial Literacy Month" in New Jersey, with the goal of improving citizens' understanding of critical financial topics like credit management, savings, debt management, and homeownership. The resolution, which builds on national efforts by organizations like the National Endowment for Financial Education (NEFE) and the Jump$tart Coalition, seeks to raise public awareness about the importance of financial education and help individuals increase their likelihood of financial success. The Governor is respectfully requested to issue an annual proclamation recognizing the month and encouraging schools, financial institutions, nonprofit educational organizations, and citizens to participate in appropriate activities and programs that promote financial literacy. The resolution notes that improved financial understanding can lead to better economic outcomes, including lower mortgage delinquency rates, higher retirement plan participation, improved spending and saving habits, and increased personal net worth.

Committee Categories

Education

Sponsors (4)

Last Action

Assembly Education Hearing (10:00:00 9/19/2024 Committee Room 16, 4th Floor, State House Annex, Trenton, NJ) (on 09/19/2024)

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