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HR 8494

HOUSE RESOLUTION PROCLAIMING APRIL OF 2026, TO BE "FINANCIAL LITERACY MONTH" IN THE STATE OF RHODE ISLAND

2026 Regular Session Introduced by Mia Ackerman and 9 co-sponsors

Designates April 2026 as Financial Literacy Month to boost awareness and collaboration on personal finance education in Rhode Island.

04/30/2026 House read and passed
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Bill Summary · HR 8494

Summary of HR 8494 (Rhode Island, 2026)

Title

House Resolution proclaiming April of 2026 to be “Financial Literacy Month” in the State of Rhode Island.

Main Purpose and Intent

  • To formally designate April 2026 as Financial Literacy Month in Rhode Island.
  • To emphasize the importance of financial education and personal finance skills for all Rhode Islanders.
  • To encourage ongoing collaboration among government, private sector, community organizations, and educational institutions to improve financial literacy and protect consumers from deceptive or predatory practices.

Key Provisions and Changes

  • Proclamation: The Rhode Island House of Representatives proclaims April 2026 as Financial Literacy Month.
  • Call to Action: Urges all Rhode Islanders to participate in programs and activities that enhance personal financial literacy during April 2026 and throughout the year.
  • Authorization: The Secretary of State is authorized and directed to transmit a certified copy of the resolution to the RI JumpStart Coalition.
  • Contextual Basis (as stated in the preamble):
    • Highlights the importance of financial security, the complexity of the financial system, and the long-term impact of personal finance decisions.
    • Acknowledges Rhode Island’s 2021 law ensuring high school students have access to quality personal finance education.
    • Emphasizes ongoing collaboration among government, private sector, community organizations, and educational institutions to empower consumers and promote economic stability.

Who/What Would Be Affected

  • Rhode Island residents, broadly, through increased awareness and participation in financial literacy initiatives.
  • Rhode Island JumpStart Coalition (as the recipient of a certified copy), which is presumably a stakeholder in advancing financial literacy education.
  • State agencies, educators, and partners involved in financial literacy programming, given the resolution’s intent to promote activities and collaboration.

Procedural and Timeline Aspects

  • Introduced: April 30, 2026.
  • Status: Referred to and passed by the House on April 30, 2026 (read and passed in the House).
  • The document is a House Resolution (non-binding) that proclaims a month and directs transmission to a coalition; it does not create new statutes or funding obligations, but serves as official recognition and a directive to promote activities during the designated month.

Notable Details

  • Sponsors: A large bipartisan group of representatives, with several co-sponsors including Ackerman, Shekarchi, Blazejewski, Chippendale, McNamara, Edwards, O’Brien, Kazarian, Casimiro, and Kennedy.
  • National Context Cited: Aligns with National Financial Literacy Month observations and Rhode Island’s prior commitment to finance education in high schools (2021 legislation).

Impact Considerations

  • Public Awareness: Likely increases visibility of existing financial literacy programs and resources.
  • Education and Outreach: Encourages schools, libraries, community organizations, and businesses to host activities and trainings during April 2026 and beyond.
  • Policy Implication: As a resolution, it does not impose new mandates or funding but signals legislative support and coordination for financial literacy efforts.

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

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