Bill > S00094

This bill requires high schools in New York to provide a comprehensive financial literacy course for students in grades nine through twelve, which must cover a wide range of personal finance topics including budgeting, wages and taxes, savings and investments, debt management, credit concepts, insurance, tenant rights, and major financial decisions like purchasing automobiles and homes. The course would be taught on a pass/fail basis and would not impact a student's grade point average. Critically, passing this financial literacy course would become a mandatory requirement for high school graduation, with a specific exception for students with individual education plans (IEPs) who may be exempt if the course is not specifically included in their plan. School districts would be responsible for providing necessary facilities, resources, and curriculum materials to support effective instruction of this financial literacy curriculum. The bill is set to take effect on the first of July following its passage into law, meaning schools would need to implement the new requirement in the subsequent academic year.

Education

https://www.nysenate.gov/legislation/bills/2025/S94