PRINTER'S NO. 1575
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE RESOLUTION
No.
270
Session of
2022
INTRODUCED BY MENSCH, GEBHARD, GORDNER, BARTOLOTTA, MARTIN,
PHILLIPS-HILL, ROBINSON, J. WARD, COSTA, BREWSTER,
CAPPELLETTI, FONTANA, STREET AND SCHWANK, APRIL 11, 2022
REFERRED TO RULES AND EXECUTIVE NOMINATIONS, APRIL 11, 2022
A RESOLUTION
Recognizing the month of April 2022 as "Financial Literacy
Month" in Pennsylvania.
WHEREAS, In April 2004, "Financial Literacy Month" was first
recognized in the United States; and
WHEREAS, "Financial Literacy Month" originated from Youth
Literacy Day, which came into existence through the National
Endowment for Financial Education (NEFE); and
WHEREAS, The objective of "Financial Literacy Month" is to
highlight the importance of being financially literate and to
encourage individuals to learn about the ways and techniques
that can assist them in becoming financially smart; and
WHEREAS, In 2003, Congress showed great support for this
initiative after both the United States Senate and House of
Representatives passed resolutions requesting President George
W. Bush to declare April as "Financial Literacy Month"; and
WHEREAS, Subsequently, the United States House of
Representatives passed a bill supporting the goals of "Financial
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Literacy Month" and delegated the implementation of "Financial
Literacy Month" to the Federal Government, schools, localities
and nonprofit organizations; and
WHEREAS, On March 31, 2021, the relevancy of "National
Financial Literacy Month" was continued when President Biden
issued a proclamation observing understanding barriers to
financial well-being and recognizing April as "National
Financial Capability Month"; and
WHEREAS, The foundation of a bright future is for individuals
to develop a budget and increase financial knowledge; and
WHEREAS, There is still much to be done in the realm of
financial literacy and education; and
WHEREAS, The objective of "Financial Literacy Month" is to
highlight the importance of being financially literate and to
encourage individuals to learn about the ways and techniques
that can help them in becoming financially smart; therefore be
it
RESOLVED, That the Senate recognize the month of April 2022
as "Financial Literacy Month" in Pennsylvania; and be it further
RESOLVED, That the Senate encourage continued awareness of
financial literacy and the advancement of financial literacy
into the future.
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