Plain English Breakdown
Checked against official source text during the last sync.
Financial Literacy Education Requirement
This bill requires adults aged 18 and older in families receiving TANF or SNAP benefits to complete a financial literacy course established by the Indiana Department of Education.
What This Bill Does
- Requires people aged 18 and older who are part of families getting TANF or SNAP benefits to take a financial literacy class.
- Tells the Indiana Department of Education to create and run this financial literacy program.
- Asks the department to send an annual report about the course to the legislative services agency.
Who It Names or Affects
- Adults aged 18 or older in families receiving TANF or SNAP benefits
- The Indiana Department of Education
Terms To Know
- TANF
- Temporary Assistance for Needy Families, a program that helps low-income families with children.
- SNAP
- Supplemental Nutrition Assistance Program, which provides food assistance to eligible people and families.
Limits and Unknowns
- The bill does not specify what happens if someone does not complete the financial literacy course.
- It is unclear how much funding will be provided for this new requirement.