summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
By Representatives Lipper-Garabedian of Melrose and Stanley of Waltham, a petition of Kate Lipper-Garabedian, Thomas M. Stanley and Patricia D. Jehlen that the Office of the State Treasurer be authorized to establish a curriculum to support seniors’ financial literacy. Elder Affairs.
AI Summary
This bill authorizes the Massachusetts State Treasurer's Office to develop a model curriculum specifically designed to support financial literacy and stability for senior citizens. The curriculum will be created in collaboration with key stakeholders including the Executive Office of Elder Affairs, the Massachusetts Councils on Aging, and AARP Massachusetts. The bill requires that this curriculum be periodically reviewed and updated to ensure it remains current and relevant to the needs of seniors. By creating this educational resource, the legislation aims to help older residents better understand financial management, potentially reducing their vulnerability to financial challenges and empowering them to make more informed decisions about their personal finances. The curriculum will be inserted as a new section (Section 79) into Chapter 10 of the Massachusetts state laws, reflecting the state's commitment to supporting the financial well-being of its senior population.
Committee Categories
Health and Social Services
Sponsors (2)
Last Action
Accompanied a new draft, see H4303 (on 07/28/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/194/H777 |
| BillText | https://malegislature.gov/Bills/194/H777.pdf |
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