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Bill

HR 408

A Resolution recognizing the month of April 2026 as "Financial Literacy Month" in Pennsylvania.

2025-2026 Regular Session Introduced by Heather Boyd and 24 co-sponsors

Designates April 2026 as Financial Literacy Month to promote awareness and encourage programs on personal finance without creating new mandates or funding.

Adopted
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WeVote Research Nonpartisan
Bill Summary · HR 408

Summary of HR 408 (Session 2025-2026) – Pennsylvania

Title

A Resolution recognizing the month of April 2026 as “Financial Literacy Month” in Pennsylvania.

Purpose and Intent

  • The bill designates April 2026 in Pennsylvania as Financial Literacy Month.
  • Its primary aim is to promote awareness and emphasis on financial literacy across the state, encouraging residents to improve their understanding of personal finances, budgeting, saving, debt management, credit, and responsible financial decision-making.

Key Provisions

  • Formal designation: The General Assembly would recognize April 2026 as Financial Literacy Month within the Commonwealth.
  • Commendation guidance: The resolution typically expresses support for educational and community initiatives that advance financial literacy and may encourage schools, libraries, financial institutions, nonprofit organizations, and government agencies to promote related programs during the designated month.
  • No new statutory requirements: As a resolution, it is not expected to impose new mandates, funding, or regulatory obligations on state agencies or the public. It serves a symbolic and advocacy-oriented purpose rather than creating enforceable rules.

Affected Parties

  • General public in Pennsylvania, with potential indirect impact through increased awareness of financial literacy resources.
  • Educational institutions (schools, colleges, libraries) and community organizations that offer financial literacy programs may receive heightened attention or encouragement to host or expand activities during April 2026.
  • State agencies and policymakers, which may be encouraged to highlight financial literacy resources and programming.

Procedural and Timeline Details

  • Referral: Referred to the Pennsylvania House Finance Committee (January 28, 2026).
  • Reported as committed: The bill progressed to committee reporting on March 25, 2026.
  • Adoption: The House initially adopted the measure on April 15, 2026, and it was amended on the same date.
  • Sponsorship: The bill has a wide slate of co-sponsors, including prominent members across multiple districts, indicating broad bipartisan and bicameral-style support within the Commonwealth’s legislative body.

Practical Impact

  • Symbolic Recognition: Establishes April 2026 as a time to highlight and promote financial literacy efforts statewide.
  • Resource Alignment: May prompt state and local entities to coordinate or expand programs, educational materials, and community outreach related to financial literacy.
  • No Financial Mandates: There are no new funding requirements or regulatory mandates attached to the resolution.

Conclusion

HR 408 is a non-binding, symbolic measure intended to elevate awareness of financial literacy in Pennsylvania during April 2026. It signals legislative support for education on personal finance topics and may encourage collaboration among schools, libraries, nonprofits, and government agencies to expand financial literacy activities throughout the Commonwealth.

Compiled from official sources — confirm details with the bill’s official record.

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