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In 2008, the state of Maryland established a Task Force to determine the state's residents financial capability.  After this study was completed, the Financial Education and Capability Commission was created under Senate Bill 476 and House Bill 515.  
 
This commission of 22 members was designed to make policy recommendations to increase economic empowerment and financial literacy in the state and also to monitor state-led financial literacy efforts currently in practice.  This Commission will impact all residents of MD and increase the financial capability of the state.
 

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