Governor Richardson Endorses the Family Opportunity Accounts Act
Governor Bill Richardson strongly endorsed Think New Mexico's Family Opportunity Accounts legislation during his State of the State address on January 17, 2006, stating:
“I am also supporting an innovative, bipartisan initiative that encourages working New Mexicans to save money - in an effort to boost home ownership and educational opportunities. The idea is for the state to contribute to Family Opportunity Accounts, which will benefit working, low-income families who open a bank account, place regular savings into that account and successfully complete a financial literacy course.”
The Governor's speech is available in full on his website. Excerpted paragraph can be found on page 8.
