New Jersey S2955 mandates county welfare agencies to offer free financial planning services and direct clients to the Department of Treasury's.
New Jersey S2955 requires county welfare agencies to provide financial planning services to clients free of charge during operating hours. If a qualified staff member is unavailable, the agency must direct the client to the Department of Treasury's free personal finance web-based platform, NJ FinLit, or any subsequent platform. The bill also mandates promoting these services on agency websites and in physical offices. Funding for these provisions is appropriated from the General Fund to the Department of Human Services for allocation to county welfare agencies.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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