H.J.R. 15

1

RESOLUTION PROMOTING FINANCIAL
2 LITERACY FOR UTAH STUDENTS
3 2002 GENERAL SESSION
4 STATE OF UTAH
5 Sponsor: David L. Hogue
6 This joint resolution of the Legislature urges Utah public school districts to ensure that
7 school curriculums promote financial literacy among students.
8 Be it resolved by the Legislature of the state of Utah:
9 WHEREAS, many citizens in the state continue to be plagued by bankruptcy;
10 WHEREAS, Utah has one of the highest bankruptcy rates per capita in the United States;
10a h WHEREAS, family financial education begins in the home, and can be strengthened and
10b reinforced in the school setting. h
11 WHEREAS, high school seniors generally lack financial literacy, from basic budgeting to
12 financial investments;
13 WHEREAS, many high school seniors enter adulthood unprepared for the financial
14 challenges of today;
15 WHEREAS, public school districts are in a unique position to address the lack of financial
16 literacy among the students in their charge;
17 WHEREAS, school districts should review school curriculums to determine weaknesses
18 that do not adequately prepare students for future financial responsibilities and make the needed
19 corrections;
20 WHEREAS, in their review of existing curriculums, school districts should consider
21 whether to improve their existing program internally or utilize sources outside the curriculum to
22 ensure that students leave school with greater knowledge and better preparation to meet future
23 financial challenges; and
24 WHEREAS, not only will financial literacy help Utah students compete in the financial
25 marketplace, it could be an important key to their financial survival:
26 NOW, THEREFORE, BE IT RESOLVED that the Legislature of the state of Utah urges
27 Utah's public school districts to review their curriculums to determine where they can strengthen

28 the financial literacy of Utah's students.
29 BE IT RESOLVED that a copy of this resolution be sent to the Utah State Board of
30 Regents, the Utah State Office of Education, h the Utah Parent Teachers' Association, h and each
30a public school district in the state.




Legislative Review Note
as of 1-4-02 8:02 AM

A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel