BILL ANALYSIS
ACR 38
Page 1
ASSEMBLY THIRD READING
ACR 38 (Duvall and Coto)
As Amended March 27, 2009
Majority vote
RULES 10-0
-----------------------------------------------------------------
|Ayes:|Lieu, Blakeslee, Adams, | | |
| |Ammiano, Gaines, Hall, | | |
| |Mendoza, Silva, Swanson, | | |
| |Yamada | | |
-----------------------------------------------------------------
SUMMARY : Declares the month of April 2009 as Financial Aid and
Literacy Month in order to raise public awareness about the need
for increased financial literacy; and, encourages legislators
and numerous other entities to provide opportunities for
financial literacy education for all Californians through a
variety of means and to collaborate with members of the
California Society of Certified Public Accountants, the
California Jump$tart Coalition, and others as they provide
outreach and education. Specifically, this resolution makes the
following legislative findings:
1)Increasing the financial literacy of all economic and ethnic
groups is documented to improve attitudes and decisionmaking
and provides for a more secure future for the individuals who
have received education in this area.
2)Financial literacy training may be easily integrated as a
valuable component for elementary and secondary schools,
colleges and universities, libraries, community groups, and
citizen town hall meetings.
3)Many groups are dedicated to increasing the financial literacy
of Americans; and, a broad range of quality personal finance
instructional materials and curricula have been created for
this purpose, but the audience to which this information is
vital, is not being reached.
FISCAL EFFECT : None
ACR 38
Page 2
Analysis Prepared by : Anna McCabe / RLS. / (916) 319-2800
FN: 0000254