Financial Literacy Bill Killed in Senate

State Treasurer Lynn Fitch has been pushing the bill heavily over the last several weeks.

Fitch spoke about the bill in an earlier radio interview this week.

“It would provide the opportunity for our children to learn personal finance,” she said.

The classes would be an overview of what many kids aren’t prepared for after getting into the working world regarding finances.

“Buying power, spending, taxes, and savings [would be covered.]”

The chairmen of the Senate Education Committee Senator Gray Tollison of District 9 said in a radio interview on Friday that the bill would be killed in committee.

“There’s no need because we provide that,” he said in regards to why the classes shouldn’t be mandated.

Supertalk
2/25/13