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79R4479 JMM-D

By:  Chavez                                                       H.B. No. 900



A BILL TO BE ENTITLED

AN ACT

relating to the requirement that workforce development programs 
provide training in financial literacy.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Subchapter A, Chapter 302, Labor Code, is 
amended by adding Section 302.0027 to read as follows:
	Sec. 302.0027.  FINANCIAL LITERACY TRAINING.  (a)  The 
commission and local workforce development boards shall ensure that 
each workforce development program offered in this state includes 
training in financial literacy for participants in the program.
	(b)  The division shall develop materials and information to 
be included in the training required by Subsection (a).
	SECTION 2.  This Act takes effect immediately if it receives 
a vote of two-thirds of all the members elected to each house, as 
provided by Section 39, Article III, Texas Constitution.  If this 
Act does not receive the vote necessary for immediate effect, this 
Act takes effect September 1, 2005.