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In this Update:
Gebhard Bill to Improve Financial Literacy Set for EnactmentLegislation I sponsored to give students an understanding of money management was amended into the School Code that the Senate passed this week. The bill is poised for enactment. To prepare young adults to make smart decisions with their daily purchases and long-term financial planning, Senate Bill 647 would make completion of a half-credit personal finance course a high school graduation requirement. Recent estimates calculate there are more than 350 million American-owned credit card accounts, and, on average, credit card owners have about four cards apiece. Families in the United States are approaching approximately $1 trillion dollars in credit card debt and more than $15 trillion dollars in debt overall. “An alarming number of our high school students are currently entering adulthood and the workforce without an appropriate knowledge of basic financial concepts,” Gebhard said. “I want them to have the best foundation possible as they start their own lives – far too often, the financial decisions our younger generations are making have led to unintended consequences that have put them at an economic disadvantage later in life.” Senate Bill 647 would give high school students the understanding they need about topics like credit and credit scores; savings and investments; college, home and auto loans; and planning for postsecondary education and retirement. Senate Finalizes 2023-24 State BudgetThe Senate on Wednesday finalized the 2023-24 state budget by approving two major bipartisan budget implementation bills, which have now been enacted into law. A large portion of the 2023-24 state budget was completed in August with enactment of the General Appropriations Act. However, several important components still required additional budget implementation language to be passed by both the Senate and House and signed by the governor. House Bill 1300 (Fiscal Code amendments) and House Bill 301 and Senate Bill 843 (School Code amendments) make major investments in the future of Pennsylvania and achieve many of the principles and priorities identified by Senate Republicans as a focus in March. House Bill 1300 includes several important and time-sensitive measures, including reauthorization of funding for county 911 systems, expansion of a tax credit helping parents seek and maintain employment and allocation of funding for an additional 100 Pennsylvania State Police troopers to help make our communities safer. House Bill 301 includes many provisions to expand education empowerment and access and increase school safety. Senate Bill 843 includes a graduation requirement of a half-credit personal finance course Read more. Bill to Safeguard Transit Operators Passes SenateThe Senate passed legislation to safeguard transit operators against assault. Senate Bill 977 would make it a felony of the third degree to interfere with and cause bodily injury to an operator of any public transit vehicle. The offense would be steepened to a felony of the first degree if the intrusion causes serious bodily injury or death. Passage of the legislation is part of Senate Republicans’ ongoing effort to invest in infrastructure and increase public safety. Senate Votes to Preserve Prescription Benefits for SeniorsLegislation to preserve senior citizens’ access to the state’s PACE and PACENET prescription drug benefit plans passed the Senate and is set for enactment. Senate Bill 607 would continue a law set to expire this year through Dec. 31, 2025 that prevents Social Security cost-of-living increases from making seniors ineligible for PACE and PACENET. Current income eligibility levels for PACE are set at less than $14,500 for a single person and less than $17,700 for a couple. PACENET, which covers those individuals with incomes exceeding PACE maximums, is open to individuals earning between $14,500 and $33,500 and couples with incomes between $17,700 and $41,500. The minimum age to participate in the programs is 65, and they are funded from proceeds of the Pennsylvania Lottery. 2024 Fishing Licenses, Permits for Sale NowFishing licenses, permits and vouchers for 2024 purchased now are valid immediately through Dec. 31, 2024. The price of an annual resident fishing license is $27.97. Multi-year options are also available in increments of three years, five years or 10 years. They can be purchased through the HuntFishPA online portal on the Pennsylvania Fish and Boat Commission website, via smartphone by using the FishBoatPA mobile app or by visiting a retail license issuing agent. Vouchers that can be given as gifts and are redeemable by recipients are also available. Don’t Get Scammed This Holiday SeasonSadly, just as the holiday season is often a charitable time, there are people hoping to take advantage by scamming others. From email and text phishing to delivery stealing to credit card skimming and more, there are so many ways to fall prey. Learn more about the common scams criminals use. Protect yourself and your family by setting up alerts with your credit card company so you know when purchases are made and avoid paying with a prepaid gift card, CashApp or Venmo to buy a gift online. Never use Alexa to find a customer support number and dial for you or click on a hyperlink in an email, social media ad or text message to make a purchase. Instead, go directly to the store’s website. Celebrating Bill of Rights DayFriday, Dec. 15, is Bill of Rights Day, when we recognize We hold those liberties – and the others that make up the Bill of Rights – dear and cherish how they impact our daily life as the true framework of our society. Bill of Rights Day was first observed on the document’s 150th anniversary when former President Franklin D. Roosevelt issued a proclamation dedicating Dec. 15 as the day to recognize our God-given rights. Local EventsMonday, December 18, 6pm Cleona Santa Tour Saturday, December 16, 11am Anatomy of The White-Tailed Deer Saturday, December 16, 8am-2pm 1st Annual Holiday Craft Show Saturday, December 16, 9-11am Breakfast with Santa
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