| R 230 |
| 2022 -- S 2871 Enacted 04/12/2022 |
| S E N A T E R E S O L U T I O N |
| PROCLAIMING APRIL OF 2022, TO BE "FINANCIAL LITERACY MONTH" IN THE STATE OF RHODE ISLAND |
Introduced By: Senators Gallo, and Paolino |
| Date Introduced: April 12, 2022 |
| WHEREAS, Every Rhode Islander deserves the opportunity to achieve financial security |
| and stability regardless of zip code or background; and |
| WHEREAS, Our financial system is increasingly complex and Rhode Islanders are |
| making personal finance decisions that have long-lasting consequences; and |
| WHEREAS, Too many Rhode Islanders continue to struggle with financial challenges at |
| a rate higher than regional and national peers; 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, In 2021, Rhode Island joined many other states in passing legislation to |
| guarantee that all public high school students have access to high-quality, standards aligned |
| personal finance education; and |
| WHEREAS, Government, private businesses, community-based organizations, and |
| institutions of education must continue to 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 the banking sector to network and share ideas on how to |
| encourage economic growth and financial stability among Rhode Islanders; and |
| WHEREAS, Strengthening the financial skills 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, April is National Financial Literacy Month, where Rhode Island 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 hereby proclaims April 2022, |
| 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 during both 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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| LC005744 |
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