New York K 382: Memorializing Governor Kathy Hochul to proclaim April 2025, as Financial Literacy Month in the State of New York

Status: ADOPTED (as of 2025-04-29)

State: New York · Session: 2025-2026 · Bill: K 382

Sponsors: Clyde Vanel

Bill Text

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K00382 Summary:

BILL NOK00382 

&nbsp

SAME ASNo Same As

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SPONSORVanel

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COSPNSR

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MLTSPNSRButtenschon, Santabarbara

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Go to top K00382 Actions:

BILL NOK00382 

&nbsp

04/28/2025referred to calendar

04/29/2025adopted

Go to topK00382 Committee&nbspVotes:

Go to topK00382 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topK00382 Text:

Assembly Resolution No. 382

BY: M. of A. Vanel

 MEMORIALIZING Governor Kathy Hochul to proclaim
 April 2025, as Financial Literacy Month in the State
 of New York

 WHEREAS, The State of New York takes great pride in acknowledging
months in recognition of important issues; and

 WHEREAS, Financial Literacy Month will be celebrated during the
month of April 2025; and

 WHEREAS, Personal financial literacy ensures that individuals are
prepared to manage money, credit, and debt; it also helps them become
responsible workers, heads of households, investors, entrepreneurs,
business leaders, and citizens; and

 WHEREAS, Credit card debt is the third largest source of household
indebtedness; mortgage and student loans debt markets are larger; and

 WHEREAS, Sixty-two percent of all Americans are living paycheck to
paycheck; and

 WHEREAS, Expanding access to these mainstream financial institutions
will provide individuals with less expensive and more secure options for
managing their finances and building wealth; and

 WHEREAS, Increased financial literacy empowers individuals to make
wise decisions and reduces the confusion caused by the increasingly
complex economy; and

 WHEREAS, Because of the present financial crisis, there is a need
for further support through government and private partnerships that can
provide efficient use of resources to leverage technology advancements
to reach additional consumers; and

 WHEREAS, A greater understanding of, and familiarity with financial
markets and institutions will lead to increased economic activity and
growth; now, therefore, be it

 RESOLVED, That this Legislative Body pause in its deliberation to
memorialize Governor Kathy Hochul to proclaim April 2025, as Financial
Literacy Month in the State of New York; and be it further

 RESOLVED, That a copy of this Resolution, suitably engrossed, be
transmitted to The Honorable Kathy Hochul, Governor of the State of New
York.

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