Bill
Bill > SB5080
summary
Introduced
01/13/2025
01/13/2025
In Committee
01/13/2025
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)
Javier Valdez (D)*,
Adrian Cortes (D),
Paul Harris (R),
Deborah Krishnadasan (D),
Marko Liias (D),
T'wina Nobles (D),
Tina Orwall (D),
Marcus Riccelli (D),
Rebecca Saldaña (D),
Sharon Shewmake (D),
Yasmin Trudeau (D),
Claire Wilson (D),
Last Action
Public hearing in the Senate Committee on Early Learning & K-12 Education at 8:00 AM. (on 01/28/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://app.leg.wa.gov/billsummary?BillNumber=5080&Year=2025&Initiative=false |
Senate Bill Report | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/Senate/5080%20SBR%20EDU%20TA%2025.pdf |
Senate Bill Report (Orig.) | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bill%20Reports/Senate/5080%20SBA%20EDU%2025.pdf |
BillText | https://lawfilesext.leg.wa.gov/biennium/2025-26/Pdf/Bills/Senate%20Bills/5080.pdf |
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