R 167
2021 -- H 6198
Enacted 04/06/2021

H O U S E   R E S O L U T I O N

Introduced By: Representatives Batista, Shekarchi, Blazejewski, Ruggiero, Ackerman, McNamara, Perez, Morales, Costantino, and Bennett

Date Introduced: April 06, 2021

     WHEREAS, Every Rhode Islander deserves the opportunity to achieve financial security
and stability regardless of zip code or background; and
     WHEREAS, The economic and health impacts of COVID-19 have highlighted the
compounded financial disparities in our nation and state; and
     WHEREAS, Too many Rhode Islanders are struggling with financial challenges at a rate
higher than national peers; and
     WHEREAS, Too many Rhode Islanders have unequal access to financial education and
this has contributed to racial wealth and income gaps that persist in our society; and
     WHEREAS, Individuals with strong personal finance skills have the knowledge to make
informed decisions regarding budgeting, maintaining strong credit, saving, investing, and
protecting and insuring their assets; and
     WHEREAS, Governments, private businesses, community-based organizations, and
institutions of education must work together to empower consumers to make informed decisions
about their finances, appropriately plan for economic instability, and avoid deceptive or predatory
practices; and
     WHEREAS, General Treasurer Magaziner launched the Rhode Island Financial
Empowerment Roundtable which regularly brings together representatives from government,
nonprofits, education, businesses, and banking to network and share ideas on how to encourage
economic growth and financial stability among Rhode Islanders; and
     WHEREAS, There is a strong coalition of organizations, passionate educators, and
invested individuals working tirelessly to expand financial literacy and personal finance
education in Rhode Island schools; and
     WHEREAS, Rhode Island should endeavor to expand the availability of personal finance
education, because teaching financial skills to students gives them more economic opportunity;
     WHEREAS, Strengthening the financial skills of all Rhode Islanders is an investment in
the fundamental promise of a brighter future and building a more prosperous nation. April is
National Financial Literacy Month, during which Rhode Island highlights its commitment to
teaching ourselves and our children about the basics of financial education; now, therefore be it
     RESOLVED, That this House of Representatives of the State of Rhode Island hereby
proclaims April of 2021, to be "Financial Literacy Month" in the State of Rhode Island. 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.