House File 2218 - Introduced



                                       HOUSE FILE       
                                       BY  FORD


    Passed House, Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act establishing a financial literacy program for state
  2    employees.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 6293HH 82
  5 jr/rj/14

PAG LIN



  1  1    Section 1.  Section 8A.413, subsection 19, Code 2007, is
  1  2 amended by adding the following new unnumbered paragraph:
  1  3    NEW UNNUMBERED PARAGRAPH.  The department shall establish a
  1  4 financial literacy training program, available to all state
  1  5 employees.  The program may include but is not limited to
  1  6 topics on financial aid options for postsecondary education;
  1  7 use of common banking instruments such as checking accounts
  1  8 and credit and debit cards; mortgage, auto, and personal
  1  9 loans; investment basics; savings and debt management;
  1 10 retirement planning; and insurance.
  1 11                           EXPLANATION
  1 12    The department of administrative services is currently
  1 13 charged with the responsibility of developing and operating
  1 14 programs, including training, safety, health, welfare,
  1 15 counseling, recreation, and employee relations for all state
  1 16 employees in the executive branch.  This bill requires the
  1 17 department to offer a specific financial literacy training
  1 18 program to provide general training on personal financial
  1 19 management to all state employees in all branches of
  1 20 government.
  1 21 LSB 6293HH 82
  1 22 jr/rj/14