R 210
2017 -- S 0817
Enacted 04/27/2017

S E N A T E   R E S O L U T I O N

Introduced By: Senator Hanna M. Gallo
Date Introduced: April 26, 2017

     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.