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.
=======
LC02999
=======