BILL NUMBER: AB 2771	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Fuentes

                        FEBRUARY 22, 2008

   An act relating to financial literacy.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2771, as introduced, Fuentes. Financial literacy.
   Existing law provides for the regulation of state chartered banks
and credit unions by the Department of Financial Institutions.
   This bill would state the intent of the Legislature to enact
legislation that would encourage the availability of financial
literacy information in community-based organizations, consumer
counseling organizations, educational institutions, government, and
financial institutions.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  It is the intent of the Legislature to enact
legislation that would encourage the availability of financial
literacy information in community-based organizations, consumer
counseling organizations, educational institutions, government, and
financial institutions.