Asset Building Program Advancing Savings and Financial Security Bills

An update from Olivia Calderon, California Legislative Director of the Asset Building Program of New America Foundation:

New America is advancing 5 bills this year to help working families build their savings and financial security. All of our bills (listed below) are moving through the legislative process, several with overwhelming bipartisan support.

· Assembly Bill 325 (Beall) California Working Families Economic Stimulus Act - seeks to draw down millions in unclaimed 100% federally-funded Earned Income Tax Credit (EITC) dollars for working families….