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The Vermont Statutes Online
Title
09
:
Commerce and Trade
Chapter
151
:
VERMONT FINANCIAL LITERACY COMMISSION
[Section 6003 repealed effective July 1, 2018.]
[Section 6003 repealed effective July 1,
2018.]
§
6003. Powers and duties
The Vermont
Financial Literacy Commission established by section 6002 of this title shall
have the following powers and duties necessary and appropriate to achieve the
purposes of this chapter:
(1) collaborate
with relevant State agencies and departments, private enterprise, and nonprofit
organizations;
(2) incentivize
Vermont's k-16 educational system, businesses, community organizations, and
governmental agencies to implement financial literacy and capability programs;
(3) advise the
administration, governmental agencies and departments, and the General Assembly
on the current status of our citizens' financial literacy and capability;
(4) create and
maintain a current inventory of all financial literacy and capability
initiatives available in the State, and in particular identify trusted options
that will benefit our citizens;
(5) identify
ways to equip Vermonters with the training, information, skills, and tools they
need to make sound financial decisions throughout their lives and ways to help
individuals with low income get access to needed financial products and
services;
(6) identify
ways to help Vermonters with low income save and build assets;
(7) identify
ways to help increase the percentage of Vermont employees saving for
retirement;
(8) recommend
actions that can be taken by the public and private sector to achieve the goal
of increasing the financial literacy and capability of all Vermonters;
(9) promote and
raise the awareness in our State about the importance of financial literacy and
capability;
(10) identify
key indicators to be tracked regarding financial literacy and capability in
Vermont;
(11) analyze
data to monitor the progress in achieving an increase in the financial literacy
and capability of Vermont's citizens;
(12) pursue and
accept funding for, and direct the administration of, the Financial Literacy
Commission Fund created in section 6004 of this title;
(13) consider
and implement research and policy initiatives that provide effective and
meaningful results; and
(14) issue a
report during the first month of each legislative biennium on the Commission's
progress and recommendations for increasing the financial literacy and
capability of Vermont's citizens, including an accounting of receipts,
disbursements, and earnings of the Financial Literacy Commission Fund, and
whether the Commission should be reconfigured, to:
(A) the
Governor;
(B) the House
Committees on Commerce and Economic Development, on Education, on Government
Operations, and on Human Services; and
(C) the Senate
Committees on Economic Development, Housing and General Affairs, on Education,
on Government Operations, and on Health and Welfare. (Added 2015, No. 55, § 3.)