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Bill > S04860
NY S04860
NY S04860Requires high schools in grades nine through twelve to provide a course in financial literacy; requires students to complete such course as a condition of graduation.
summary
Introduced
02/16/2023
02/16/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the education law, in relation to requiring high schools to provide a course in financial literacy and requiring students to complete such course as a condition of graduation
AI Summary
This bill amends the education law in New York to require high schools to provide a course in financial literacy for students in grades 9-12. The course must cover topics such as personal budgeting, taxes, debt management, credit scores, and the benefits and drawbacks of renting versus buying a home or car. The bill also makes completion of this financial literacy course a condition of high school graduation, with an exception for students with disabilities whose individualized education plans do not include this requirement.
Committee Categories
Education
Sponsors (12)
Leroy Comrie (D)*,
Joe Addabbo (D),
Jeremy Cooney (D),
Nathalia Ferna´ndez (D),
Patrick Gallivan (R),
Robert Jackson (D),
Timothy Kennedy (D),
Rachel May (D),
Zellnor Myrie (D),
Luis Sepúlveda (D),
Kevin Thomas (D),
Alexis Weik (R),
Last Action
REFERRED TO EDUCATION (on 01/03/2024)
Official Document
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