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