Bill > SB342

This bill: Establishes the high school financial literacy fund to be used for reimbursing school districts and other eligible entities for the costs incurred by teachers obtaining an educator license validation in financial literacy, which will be required for those providing the new financial literacy course mandated for high school students starting in the 2021-2022 school year. The bill also requires the Treasurer of State to request up to $1.5 million in unclaimed funds from the Department of Commerce to seed the new fund during the current biennium, with a requirement for the Treasurer to repay those funds plus interest over the next five years.