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A BILL TO BE ENTITLED
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AN ACT
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relating to the provision of information on financial literacy |
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resources to the public. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter C, Chapter 14, Finance Code, is |
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amended by adding Section 14.1025 to read as follows: |
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Sec. 14.1025. FINANCIAL LITERACY PROGRAM INFORMATION. (a) |
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In this section: |
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(1) "Financial literacy" means proficiency at |
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managing personal finances. |
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(2) "Health and human services agencies" has the |
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meaning assigned by Section 531.001, Government Code. |
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(b) The commissioner shall collect information on programs, |
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including classes, and other resources available to the public that |
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focus on teaching financial literacy, compile the information into |
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a one-page document, and post the document on the office's Internet |
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website. |
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(c) A health and human services agency shall ensure that the |
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document under Subsection (b) is offered to persons who receive |
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services from the agency at locations at which those persons |
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frequently access services provided by the agency. |
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(d) The commissioner shall periodically update the |
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information contained in the document described by Subsection (b). |
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SECTION 2. The Office of the Consumer Credit Commissioner |
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shall produce and publish on the office's Internet website the |
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document required by Section 14.1025, Finance Code, as added by |
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this Act, not later than December 1, 2011. |
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SECTION 3. This Act takes effect September 1, 2011. |