Financial Empowerment Commission Bill Now Law

House Bill 139, which seeks to establish the Kentucky Financial Empowerment Commission to bring greater financial empowerment to Kentuckians at no cost to taxpayers, is now law. Kentucky Treasurer Allison Ball said the Financial Empowerment Commission is an important step towards improving the financial empowerment of Kentuckians. The bill received unanimous support in both the Kentucky State Senate and House of Representatives. The Commission be a non-profit organization tasked with developing and implementing plans to improve financial literacy, as well as providing support to educators teaching financial literacy in Kentucky. The creation of Kentucky’s Financial Empowerment Commission is the latest step in Treasurer Ball’s plan to financially empower Kentuckians, which began in April 2016 with the creation of the Financial Empowerment Coalition.

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