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NE LB452
NE LB452Adopt the Financial Literacy Act and provide graduation requirements and academic content standards
summary
Introduced
01/15/2021
01/15/2021
In Committee
01/20/2021
01/20/2021
Crossed Over
04/28/2021
04/28/2021
Passed
05/12/2021
05/12/2021
Dead
Signed/Enacted/Adopted
05/26/2021
05/26/2021
Introduced Session
107th Legislature
Bill Summary
A BILL FOR AN ACT relating schools; to amend section 79-729, Reissue Revised Statutes of Nebraska, and section 79-760.01, Revised Statutes Cumulative Supplement, 2020; to adopt the Financial Literacy Act; to provide a graduation requirement; to change duties relating to academic content standards; to harmonize provisions; and to repeal the original sections.
AI Summary
This bill, known as the Financial Literacy Act, aims to incorporate financial literacy instruction into the curriculum of Nebraska's elementary, middle, and high schools. Beginning in the 2023-24 school year, each school district, in consultation with the State Department of Education, must include financial literacy instruction in its instructional program and require students to complete at least one five-credit high school course in personal finance or financial literacy prior to graduation. The bill also requires school districts to provide an annual financial literacy status report to their school boards, including information on student progress in financial literacy courses and other measures of financial literacy progress. Additionally, the bill amends existing law to specify that at least five of the minimum credit hours for high school graduation must be a course in personal finance or financial literacy.
Committee Categories
Education
Sponsors (1)
Last Action
Provisions/portions of LB327 amended into LB452 by AM636 (on 05/27/2021)
Official Document
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