Bill

Bill > S3497


NJ S3497

NJ S3497
Requires high school students to receive financial literacy instruction.


summary

Introduced
06/26/2024
In Committee
12/05/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

Requires high school students to receive financial literacy instruction.

AI Summary

This bill requires high school students to complete a one-semester or one-trimester course in financial literacy as a graduation requirement for a State-endorsed diploma. It also amends existing law to require that school districts incorporate financial literacy instruction in an appropriate place in the curriculum for students in grades 6 through 8. The purpose of this instruction is to provide students with the basic financial literacy necessary for sound financial decision-making, covering topics such as budgeting, savings, credit, debt, insurance, investment, behavioral economics, banking, consumer skills, taxes, college financial planning, and accounting. The financial literacy instruction must be taught by teachers holding appropriate endorsements.

Committee Categories

Budget and Finance, Education

Sponsors (4)

Last Action

Referred to Senate Budget and Appropriations Committee (on 12/05/2024)

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