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R E S O L U T I O N
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WHEREAS, Texas Saves Week is taking place February 20 through |
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27, 2011; and |
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WHEREAS, This worthwhile observance is being held in |
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conjunction with America Saves Week, a national campaign designed |
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to persuade, encourage, and motivate U.S. residents to take action |
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in building wealth by setting financial goals and saving money; in |
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Texas, the initiative is being supported by both the Office of |
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Consumer Credit Commissioner and the Center for Public Policy |
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Priorities; and |
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WHEREAS, This effort is especially crucial in the Lone Star |
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State because Texas ranks low nationally in indicators such as |
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median household net worth and home ownership, while also having a |
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high percentage of households that do not participate in banking; |
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and |
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WHEREAS, Personal savings are fundamental to economic |
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development and prosperity, providing Texans with funds for |
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emergencies, college, retirement, and other vital needs; in |
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addition, such funds have historically been important in the |
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pursuit of the American Dream by enabling economic mobility and |
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helping to build a strong middle class; and |
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WHEREAS, Bank accounts and fiscal education are critical |
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components of financial security, community wealth, and individual |
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success, and people throughout our state will benefit from the |
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increased attention that is being placed on this important subject; |
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now, therefore, be it |
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RESOLVED, That the House of Representatives of the 82nd Texas |
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Legislature hereby recognize February 20 through 27, 2011, as Texas |
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Saves Week and commend all those involved in the America Saves |
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initiative for their dedicated work in addressing this issue. |