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SB 1442 - Personal finance

Tracking Level: Neutral
Sponsor: Kimberly Yee (R)
Last Action: 4/12/2018 - Chapter 221
Senate Committee: Rules
House Committee: Rules
Assigned To:
Miscellaneous Next Bill

Staff Analysis of the Legislation

Under current law, personal finance content is included in the standards for economics. 

Provisions: 

This bill requires the Superintendent of Public Instruction to establish a State Seal of Personal Finance Proficiency Program for district and charter schools. The bill: 

  • Applies the same rules to the Superintendent and the schools that are applied to the State Seal of Biliteracy Program, except that students must at least earn an overall GPA of 3.0 on a 4.0 scale or the equivalent to acquire the seal. 

  • Requires SBE to partner with an organization with expertise in finance or financial literacy in adopting program requirements. 

  • Terminates the program on July 1, 2028. 

  • Allows, but does not require, SBE to establish a required separate personal finance course for high schoolers for the purposes of graduation. 

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text / PDF
Summary:

Personal finance

Title:

Personal finance

Introduction Date:

Tuesday, January 30, 2018