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Bill

Bill

A 258

Provides for income access services in the state

2025 Regular Session Introduced by Sam Berger and 10 co-sponsors

Bill A 258 establishes income access services to help residents easily obtain income information, promoting financial literacy and economic empowerment statewide.

PRINT NUMBER 258A
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WeVote Research Nonpartisan
Bill Summary · A 258

Summary of Bill A 258

Bill Information

  • Bill Number: A 258
  • Title: Provides for income access services in the state
  • Status: PRINT NUMBER 258A
  • Introduced: January 08, 2025
  • Classification: Bill

Purpose and Intent

Bill A 258 aims to establish a framework for income access services within the state. The primary goal is to enhance the accessibility of income-related information and services for residents, thereby promoting financial literacy and economic empowerment. By facilitating easier access to income data, the bill seeks to support individuals in managing their finances more effectively.

Key Provisions

The bill includes several important provisions designed to implement income access services:

  1. Establishment of Income Access Services:

    • The bill mandates the creation of services that provide residents with streamlined access to their income information, including wages, benefits, and other sources of income.

  2. Collaboration with Financial Institutions:

    • It encourages partnerships between state agencies and financial institutions to ensure that residents can easily obtain their income data and understand their financial options.

  3. Educational Resources:

    • The bill emphasizes the need for educational programs that inform residents about income access services and financial management strategies.

  4. Data Privacy Protections:

    • Provisions are included to safeguard the privacy of individuals' income information, ensuring that data is handled securely and responsibly.

Who Would Be Affected

  • Residents of the State: Individuals seeking better access to their income information and financial resources will benefit directly from the services established by this bill.
  • Financial Institutions: Banks and other financial entities will be involved in the implementation of these services, potentially leading to new partnerships and service offerings.
  • State Agencies: Various state departments will be tasked with overseeing the implementation and operation of income access services.

Legislative Timeline

  • January 08, 2025: Bill A 258 was introduced and referred to the Banks Committee.
  • April 07, 2025: The bill was amended and recommitted to the Banks Committee, followed by the printing of version 258A.

Related Bills

  • A 5053: A prior-session bill that may have addressed similar issues or provided context for the current legislation.
  • S 3332: A companion bill in the Senate that aligns with the objectives of A 258, potentially facilitating a more comprehensive legislative approach to income access services.

Conclusion

Bill A 258 represents a significant step towards improving financial accessibility and literacy for residents in the state. By establishing income access services, the bill aims to empower individuals with the knowledge and resources necessary to manage their finances effectively. The ongoing legislative process will determine the final shape and impact of this important initiative.

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

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