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WA SB5080

WA SB5080
Making financial education instruction a graduation requirement.


summary

Introduced
01/13/2025
In Committee
01/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT Relating to making financial education instruction a 2 graduation requirement; amending RCW 28A.300.468; adding a new 3 section to chapter 28A.230 RCW; and creating a new section. 4

AI Summary

This bill aims to make financial education instruction a mandatory graduation requirement for high school students in Washington state. Recognizing the critical importance of personal finance knowledge for economic well-being, the legislature intends to ensure all students receive financial education instruction by the 2029-30 school year. Beginning with the graduating class of 2033, students must meet high school learning standards related to financial education to graduate. The bill requires school districts to provide financial education that aligns with state learning standards, offering various methods of instruction including regular classes, online learning, and other opportunities. The state board of education will develop recommendations for implementing this requirement, consulting with various stakeholders including educators, students, parents, and employers. School districts must submit reports about their current financial education offerings, and the financial education public-private partnership will create a statewide implementation plan. The bill includes provisions for publicizing these new requirements, monitoring compliance, and providing flexibility for students who may have resided outside the state. Notably, the legislation builds upon previous efforts to support financial education, such as establishing a public-private partnership in 2004 and adopting financial education learning standards in 2015.

Committee Categories

Education

Sponsors (12)

Last Action

Public hearing in the Senate Committee on Early Learning & K-12 Education at 8:00 AM. (on 01/28/2025)

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