Bill > K00810

This resolution memorializes Governor Kathy Hochul to officially proclaim October 16, 2025, as Get Smart About Your Credit Day in New York State, in alignment with the national observance of the same name. The resolution highlights the importance of financial literacy, particularly for young people, and recognizes the Get Smart About Credit (G.S.A.C.) program launched by the American Bankers Association Foundation in 2003. The initiative aims to educate high school students and young adults about critical financial topics such as building credit, understanding loan impacts, preventing identity theft, creating budgets, and preparing for college expenses. By supporting this day, the resolution emphasizes the value of financial education and the banking community's commitment to improving financial literacy among youth. The resolution calls for copies of the document to be transmitted to Governor Hochul and the American Bankers Association Foundation, symbolizing the state's acknowledgment of the program's importance in empowering young individuals with essential financial knowledge.

https://www.nysenate.gov/legislation/bills/2025/K810