Consumer affairs: financial education.
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AB 448 — Consumer affairs: financial education.
Last action — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2009-2010 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Existing law creates the Department of Consumer Affairs and establishes the duties of its director, which include the duty to propose and assist in the creation and development of consumer education programs. Existing federal law establishes the Financial Literacy and Education Commission and this commission has promulgated the National Strategy for Financial Literacy. This bill would include in the duties of the Director of Consumer Affairs proposing and assisting in the creation of programs for improving financial literacy. The bill would specifically require that the director participate with the Financial Literacy and Education Commission to implement in California the National Strategy for Financial Literacy, using existing resources. The bill would also make legislative findings and declarations and would state the intent of the Legislature that the State Board of Education, county offices of education, and school districts find ways, within existing resources, to incorporate financial education and literacy into their curriculum offerings and to work with the Director of Consumer Affairs in this regard.
Bill Text
What changed in the latest version
1 added · 1 removed1 line(s) added, 1 removed.
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- Introduced 02/24/09 - Introduced Current pdf February 24, 2009
- AB448 View text html
Action History
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From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
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Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
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In committee: Set, second hearing. Held under submission.
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In committee: Set, first hearing. Referred to APPR. suspense file.
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From committee: Do pass, and re-refer to Com. on APPR. Re-referred. (Ayes 10. Noes 1.) (April 28).
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Referred to Com. on B. & P.
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From printer. May be heard in committee March 27.
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Read first time. To print.
Sponsors
- Torres · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on · 1 voted No
Sponsors (1)
- Torres
Co-sponsors (0)
None.
Not signed on (121)
121 members have not signed on to this bill.
Show all 121 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 12 | 0 | 0 | 0 |
| Republican | 0 | 1 | 0 | 0 |
| Total | 12 | 1 | 0 | 0 |
| % of votes cast | 92% | 8% | 0% | 0% |
How each member voted (13)
| Member | Party | Vote |
|---|---|---|
| John | — | Yea |
| A. | — | Yea |
| Perez | — | Yea |
| Eng | — | Yea |
| Conway | — | Yea |
| Hayashi | — | Yea |
| Hernandez | — | Yea |
| Nava | — | Yea |
| Ruskin | — | Yea |
| Smyth | — | Yea |
| Price | — | Yea |
| Emmerson | — | Yea |
| Niello, Roger W. | Republican | Nay |
Subjects
Frequently asked questions
- What does AB 448 do?
- Existing law creates the Department of Consumer Affairs and establishes the duties of its director, which include the duty to propose and assist in the creation and development of consumer education programs. Existing federal law establishes the Financial Literacy and Education Commission and this commission has promulgated the National Strategy for Financial Literacy. This bill would include in the duties of the Director of Consumer Affairs proposing and assisting in the creation of programs for improving financial literacy. The bill would specifically require that the director participate with the Financial Literacy and Education Commission to implement in California the National Strategy for Financial Literacy, using existing resources. The bill would also make legislative findings and declarations and would state the intent of the Legislature that the State Board of Education, county offices of education, and school districts find ways, within existing resources, to incorporate financial education and literacy into their curriculum offerings and to work with the Director of Consumer Affairs in this regard.
- Who sponsors AB 448?
- AB 448 is sponsored by Torres.
- What is the current status of AB 448?
- This bill died with 2009-2010 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track AB 448?
- Track AB 448 free on One Click Politics — get push/email alerts when it moves.
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