Bill

Bill > S4258


NJ S4258

NJ S4258
Requires county welfare agency to provide financial planning services.


summary

Introduced
03/17/2025
In Committee
03/17/2025
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill directs the Commissioner of Human Services to require a county welfare agency located in the State to: provide financial planning services when requested by a client, free of charge and during the agency's operating hours, via a qualified staff member; in the event that the qualified staff member required under the bill is not available, to direct the client to the Department of the Treasury's free personal finance web-based platform, known as NJ FinLit, or any subsequent platform provided by that department or the State; and promote the availability of financial planning services provided at the agency, as well as the NJ FinLit platform or any subsequent platform provided by the Department of the Treasury or the State, on the agency's website and in the agency's physical office. The bill also appropriates from the General Fund to the Department of Human Services such sums of money as are necessary to allocate to county welfare agencies in order to fulfill the provisions of the bill.

AI Summary

This bill requires county welfare agencies in New Jersey to provide free financial planning services to clients during their operating hours, with two key modes of service: first, by having a qualified staff member offer direct financial planning assistance when requested, and second, by referring clients to NJ FinLit, a free web-based personal finance platform offered by the Department of the Treasury, if a qualified staff member is unavailable. Additionally, the agencies must actively promote these financial planning services, both on their website and in their physical office, to ensure clients are aware of the resources. The bill also includes an appropriation from the General Fund to the Department of Human Services to cover the costs associated with implementing these financial planning services at county welfare agencies. The goal appears to be improving financial literacy and support for welfare agency clients by providing accessible financial guidance and resources at no cost to the individuals seeking help.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Health, Human Services and Senior Citizens Committee (on 03/17/2025)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...