08-R378

2008 -- H 8332

Enacted 07/05/08

 

 

J O I N T  R E S O L U T I O N

RESPECTFULLY REQUESTING THE RHODE ISLAND DEPARTMENT OF EDUCATION TO CREATE A TASK FORCE ON YOUTH FINANCIAL LITERACY IN ORDER TO DEVELOP A STATEWIDE STRATEGY, ACTION PLAN, AND MARKETING PLAN FOR INCREASING MIDDLE AND HIGH SCHOOL STUDENTS' KNOWLEDGE OF PERSONAL

FINANCIAL LITERACY

     

     

     Introduced By: Representatives Church, Moffitt, and Schadone

     Date Introduced: May 29, 2008

 

 

     WHEREAS, The Rhode Island General Assembly’s Joint Commission on Youth

Financial Education recognizes the critical need for the State to have a citizenry that is prepared

to make responsible personal financial decisions; and

     WHEREAS, Rhode Island’s young people face a future where knowledge of personal

finances will play an unprecedented role in their economic well-being; and

     WHEREAS, Approximately five percent of young people in Rhode Island’s high schools

participate in a course dedicated to financial literacy each academic year; and

     WHEREAS, Objective evidence suggests that students in Rhode Island and across the

nation do not have an understanding of the core financial concepts that will allow them to make

financially sound decisions as adults; and

     WHEREAS, School districts and middle and high schools across Rhode Island differ in

the extent that they offer students the opportunity to study personal finance; now, therefore be it

     RESOLVED, That this General Assembly of the State of Rhode Island and Providence

Plantations hereby requests the Rhode Island Department of Education to create a Task Force in

order to develop a statewide strategy, action plan, and marketing plan for increasing middle and

high school students’ knowledge of personal financial literacy; and be it further

     RESOLVED, That said Task Force will be composed of educators and members of the

financial community; and be it further

     RESOLVED, That this General Assembly requests said Task Force to complete its work

and provide a report to the Speaker of the House and the President of the Senate on or before

January 31, 2009; and be it further

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

transmit a duly certified copy of this resolution to the commissioner of elementary and secondary

education for the state of Rhode Island.

     

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LC02999

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