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H.C.R. 13






Sponsor: David L. Hogue

             7      LONG TITLE
             8      General Description:
             9          This concurrent resolution of the Legislature and the Governor urges greater family
             10      financial security and increased use of Utah Saves for promoting financial security.
             11      Highlighted Provisions:
             12          This resolution:
             13          .    encourages all Utahns to strive to bring greater financial security to themselves and
             14      their families; and
             15          .    recognizes the efforts of Utah Saves community partners to help Utahns achieve
             16      greater financial security.
             17      Special Clauses:
             18          None
             20      Be it resolved by the Legislature of the state of Utah, the Governor concurring therein:
             21          WHEREAS, Utah Saves is a strategic initiative that brings the community together to
             22      help all Utahns build wealth, reduce debt, and create long-term financial security;
             23          WHEREAS, Utah Saves arose out of a need to mobilize the community to develop
             24      proactive, systemic changes in how Utahns address social and economic issues;
             25          WHEREAS, financial insecurity is at the core of many of society's social ills;
             26          WHEREAS, beyond poverty and homelessness, poor financial habits can lead to poor
             27      health, domestic violence, troubled youth, and the breakdown of families and neighborhoods;

             28          WHEREAS, Utah, as a percentage of its population, is at the top of the nation's
             29      personal bankruptcy and mortgage foreclosure rates;
             30          WHEREAS, Utah Saves can give people tools to achieve goals toward financial
             31      freedom;
             32          WHEREAS, Utah Saves is directed and supported by a broad-based coalition of
             33      community partners providing their talent, energy, influence, and resources to empower all
             34      Utahns to build lifelong financial security; and
             35          WHEREAS, Utah Saves can create widespread public awareness that saving money and
             36      planning for future financial security is a must:
             37          NOW, THEREFORE, BE IT RESOLVED that the Legislature of the state of Utah, the
             38      Governor concurring therein, encourage all Utahns to strive to bring greater financial security
             39      to themselves and their families.
             40          BE IT FURTHER RESOLVED that the Legislature and the Governor recognize the
             41      efforts of Utah Saves and its broad-based coalition of community partners to help Utahns
             42      achieve greater financial security.
             43          BE IT FURTHER RESOLVED that a copy of this resolution be sent to Utah Saves.

Legislative Review Note
    as of 2-2-05 10:39 AM

Based on a limited legal review, this legislation has not been determined to have a high
probability of being held unconstitutional.

Office of Legislative Research and General Counsel

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