2017 -- S 0817

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LC002403

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2017

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S E N A T E   R E S O L U T I O N

PROCLAIMING THE MONTH OF APRIL, 2017, TO BE "FINANCIAL LITERACY MONTH"

IN THE STATE OF RHODE ISLAND

     Introduced By: Senator Hanna M. Gallo

     Date Introduced: April 26, 2017

     Referred To: Placed on the Senate Consent Calendar

     (General Treasurer)

     WHEREAS, Rhode Island's prosperity is directly linked to the economic health of its

residents; and

     WHEREAS, Our nation's financial system has grown increasingly complex, leaving too

many Americans without the means to secure a strong financial future; and

     WHEREAS, Rhode Island continues to recover from the worst economic crisis in

generations. Therefore, it is more important than ever to be knowledgeable about the

consequences of our financial decisions; and

     WHEREAS, Strengthening the financial ability of all Rhode Islanders is an investment in

the fundamental promise of a brighter future and the building of a more prosperous nation; and

     WHEREAS, Financial literacy is a tool to achieve economic security and protection

against fraud and predatory banking practices; and

     WHEREAS, Rhode Islanders are seeking to improve their personal finances through a

broad range of banking and financial products; and

     WHEREAS, Personal financial literacy education involves active engagement on the part

of individuals and families in an ongoing and evolving process; and

     WHEREAS, Governments, private businesses, community-based organization, and

institutions of education should work together to help consumers make informed decisions about

their finances and avoid deceptive or predatory practices; and

     WHEREAS, Rhode Island should endeavor to expand the availability of financial

products and services that are fair, affordable, and understandable; and

     WHEREAS, April is National Financial Literacy Month, where the financial community

highlights its commitment to teaching ourselves and our children about the basics of financial

education; now, therefore be it

     RESOLVED, That this Senate of the State of Rhode Island and Providence Plantations

hereby proclaims April, 2017, to be "Financial Literacy Month." We moreover urge all Rhode

Islanders to take advantage of various programs and activities that will increase their personal

financial literacy both during the month of April and throughout the year; and be it further

     RESOLVED, That the Secretary of State be and hereby is authorized and directed to

transmit a duly certified copy of this resolution to the RI JumpStart Coalition.

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