SENATE RESOLUTION NO. 336

WHEREAS, Personal and household savings are fundamental to economic development and prosperity in Texas; and

WHEREAS, Adequate emergency savings, saving at tax time, saving at school, college savings accounts, retirement funds, individual development accounts, and financial education are critical components of household financial security, community wealth, and individual success; and

WHEREAS, Personal and household savings are fundamental to growing a vital economy and building a strong middle class in Texas; household savings promote economic mobility and the pursuit of the American Dream, and savings are important to college access and success; and

WHEREAS, Texas ranks low nationally on indicators such as median household net worth, homeownership, and the share of households with bank accounts; and

WHEREAS, America Saves is a national campaign to persuade, encourage, and motivate Americans to take financial action in building wealth through setting financial goals and saving money; these goals are highlighted in the annual observance of America Saves Week; now, therefore, be it

RESOLVED, That the Senate of the State of Texas, 82nd Legislature, hereby declare the week of February 20 through 27 as Texas Saves Week in recognition of America Saves Week and encourage all Texans to take positive financial action by increasing their savings or setting financial goals; and, be it further

RESOLVED, That a copy of this Resolution be prepared to commemorate Texas Saves Week.

Lucio

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President of the Senate

I hereby certify that the above Resolution was adopted by the Senate on February 22, 2011.

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Secretary of the Senate

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Member, Texas Senate