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DE HB203

DE HB203
An Act To Amend Title 14 Of The Delaware Code Relating To The Equity And Inclusion In Financial Literacy For All High School Students In Delaware Act.


summary

Introduced
02/29/2024
In Committee
Crossed Over
Passed
Dead
06/30/2024

Introduced Session

152nd General Assembly

Bill Summary

With 60% of U.S. households living paycheck to paycheck, 40% of Americans having less than $300 in savings, 33% of Americans having saved nothing for retirement, 95% of Americans having not saved enough for retirement, and 87% of American teens admitting not understanding their finances, financial literacy education in Delaware high schools is needed.

AI Summary

This bill amends Delaware's education laws to require all high school students to complete a half-credit course on financial literacy. The course must cover topics like behavioral economics, savings, investing, budgeting, credit and debt management, financial institutions, taxes, career options, philanthropy, and insurance. Starting with the 2025-2026 school year, students must successfully complete this course to receive a high school diploma. The bill also encourages schools to partner with private or public enterprises to enhance the student experience in the course.

Committee Categories

Education

Sponsors (24)

Last Action

Amendment HA 3 to HS 1 - Introduced and Placed With Bill (on 06/11/2024)

Taxonomy

Education
  • ‐ Education of Underprivileged or Underrepresented Groups
  • ‐ Elementary and Secondary Education

bill text


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