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House approves bill to require personal financial literacy education, creates trust fund
Summary
Representative Gordon of Bedford led floor debate saying the bill would require middle and high school students to receive instruction in budgeting, credit, taxes and other practical financial topics and would create a financial literacy trust administered by DESE.
Representative Gordon of Bedford, speaking on the House floor during third reading, said H.4670 would ensure “middle and high school students will, through this bill, learn about important topics such as earning and spending income, local state and federal taxes, charitable giving, how to balance ledgers and checkbooks, how to budget appropriately, the importance of long term savings, the role of banks and financial institutions, simple and compound interest using credit and making investments, emerging tech in…
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