Financial Literacy Exchange Program
| Type | Bill |
|---|---|
| Session | 2022 Regular Session |
| Subjects |
Concerning the creation of financial literacy and exchange program accounts, and, in connection therewith, making an appropriation.
Bill Summary:
The act establishes the financial literacy and exchange program (program) within the division of housing (division). The program allows the division to create FLEX accounts for certain persons who sign FLEX agreements and participate in eligible housing assistance voucher programs.
The division is required to establish policies and procedures as necessary for the administration of the program and to annually report to the general assembly on the status of the program. The division is required to contract with for-profit and nonprofit entities to provide financial literacy support to eligible program participants.
The act also creates the continuously appropriated FLEX fund, which may be used for the direct and indirect costs of implementing the program, and appropriates $103,355 to the FLEX fund from the general fund. The department of local affairs is responsible for the accounting related to this appropriation.
(Note: This summary applies to this bill as enacted.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 04/28/2022 | SA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 22-1389 to the Committee of the Whole. | The motion passed on a vote of 4-3. | Vote summary |
| Activity | Vote | Documents |
|---|
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.001 | The motion passed without objection. | Vote summary |
| Refer House Bill 22-1389, as amended, to the Committee of the Whole. | The motion passed on a vote of 7-4. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 | The motion passed without objection. | Vote summary |
| Refer House Bill 22-1389, as amended, to the Committee on Appropriations. | The motion passed on a vote of 7-5. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/06/2022 | Third Reading | BILL |
20
AYE
12
NO
3
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/02/2022 | Third Reading | BILL |
41
AYE
24
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 06/02/2022 | Governor | Governor Signed |
| 05/31/2022 | Governor | Sent to the Governor |
| 05/31/2022 | Senate | Signed by the President of the Senate |
| 05/27/2022 | House | Signed by the Speaker of the House |
| 05/06/2022 | Senate | Senate Third Reading Passed - No Amendments |
| 05/05/2022 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 05/05/2022 | Senate | Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole |
| 05/02/2022 | Senate | Introduced In Senate - Assigned to Appropriations |
| 05/02/2022 | House | House Third Reading Passed - No Amendments |
| 04/29/2022 | House | House Second Reading Special Order - Passed with Amendments - Committee |
| 04/29/2022 | House | House Committee on Appropriations Refer Amended to House Committee of the Whole |
| 04/27/2022 | House | House Committee on Business Affairs & Labor Refer Amended to Appropriations |
| 04/19/2022 | House | Introduced In House - Assigned to Business Affairs & Labor |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/10/2022 | 314 | Financial Literacy Exchange Program |