CHILDREN AND FAMILIES

Financial Literacy Savings Accounts

The House of Representatives voted to pass HB 609, establishing and funding a New Hampshire children’s savings account program, which would be available to students who complete a financial literacy program. The bill will be reviewed by the House Finance Committee next.

Representative Mary Stuart Gile (D-Concord) said
“The overriding goal of this bill is to create a culture of savings and investment, which is critical to breaking the cycle of poverty that exists in many of our communities. This legislation has the potential to be a game changer, because it will offer every New Hampshire high school graduate the opportunity to pursue a postsecondary program of their choice. I thank the House for their strong support today.”