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HR 72

A resolution to declare April 2025 as Financial Literacy Month in the state of Michigan.

2025-2026 Regular Session Introduced by Mark Tisdel

Declares April 2025 as Michigan Financial Literacy Month to raise awareness and urge schools, families, banks, and community groups to offer financial education (symbolic).

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Bill Summary · HR 72

Summary — HR 72 (House Resolution) — Michigan

Title: A resolution to declare April 2025 as Financial Literacy Month in the state of Michigan
Sponsor (introduced): Rep. Mark Tisdel
Status: Adopted by the Michigan House (enrolled and forwarded to Secretary of State)

Purpose and intent

HR 72 is a nonbinding, ceremonial resolution that designates April 2025 as “Financial Literacy Month” in Michigan. Its stated purpose is to raise public awareness of personal financial education, highlight the state’s commitment to improving financial knowledge, and encourage schools, families, businesses, financial institutions, community organizations, and government units to provide related programs and activities.

Key provisions

  • Officially declares April 2025 as Financial Literacy Month in Michigan.
  • Recognizes the benefits of informed use of credit and other financial products for individuals and the state economy.
  • Notes Michigan law (House Bill 5190, Public Act 105 of 2022) establishing a stand‑alone financial literacy course requirement for high school graduates.
  • Cites the role of public‑private collaboration (banks, credit unions, nonprofits, schools, libraries, government) in delivering financial education.
  • Calls for parents, schools, businesses, financial institutions, community organizations, and government units to observe the month with appropriate programs and activities.
  • Includes a statistic from a 2022 National Foundation for Credit Counseling survey: 13% of U.S. adults have difficulty paying monthly bills and 11% missed at least one credit card or loan payment in the prior year.

Who is affected

  • Directly: none in the sense of creating new legal obligations or funding. The resolution is symbolic.
  • Practically encouraged to act: K–12 schools, higher‑education institutions, parents, students, banks and credit unions, non‑profits, libraries, community groups, and state/local government agencies that may organize or expand financial education outreach during April 2025.

Impact and limitations

  • Symbolic/awareness-building: HR 72 raises public visibility for financial education and affirms legislative support for ongoing financial literacy initiatives.
  • No new programmatic funding or regulatory changes are authorized by this resolution; it does not create legal requirements beyond urging observance and awareness activities.
  • Reinforces and draws attention to the existing statutory requirement for a stand‑alone financial literacy course for Michigan high school graduates (PA 105 of 2022), potentially supporting implementation and outreach efforts.

Procedural/timeline notes

  • Introduced in the Michigan House by Rep. Mark Tisdel (documented as introduced and adopted in April 2025).
  • The resolution was enrolled and signed by the House leadership and transmitted (enrolled and presented to the Secretary of State) following adoption.
  • Because it is a House resolution of recognition, no further legislative steps (e.g., enactment as statute) are required.

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

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