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PA SB1243

PA SB1243
In terms and courses of study, providing for economics and personal finance course graduation requirement and further providing for economic education and personal financial literacy programs; and abrogating regulations.


summary

Introduced
05/23/2022
In Committee
10/20/2022
Crossed Over
10/18/2022
Passed
Dead
11/30/2022

Introduced Session

2021-2022 Regular Session

Bill Summary

Amending the act of March 10, 1949 (P.L.30, No.14), entitled "An act relating to the public school system, including certain provisions applicable as well to private and parochial schools; amending, revising, consolidating and changing the laws relating thereto," in terms and courses of study, providing for economics and personal finance course graduation requirement and further providing for economic education and personal financial literacy programs; and abrogating regulations.

AI Summary

This bill amends the Public School Code of 1949 to establish a high school graduation requirement for an economics and personal finance course. The bill specifies the curriculum for this course, which includes topics like the true cost of credit, credit cards, borrowing for purchases, home mortgages, credit reports, and tax preparation. The bill also requires the Department of Education to provide professional development for teachers of economics, economic education, and personal financial literacy to ensure the implementation of this new requirement. Additionally, the bill expands the Department's responsibilities for providing resource information and materials on economic education and personal financial literacy to schools and educators.

Committee Categories

Budget and Finance, Education

Sponsors (13)

Last Action

Referred to EDUCATION (on 10/20/2022)

bill text


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