Bill > A00109

This bill mandates financial education instruction for high school students (grades 9-12) in New York public schools, requiring a comprehensive financial literacy program that can be integrated into existing economics or financial management courses. The curriculum must cover an extensive range of financial topics, including personal budgeting, banking, credit management, tax computation, investment strategies, retirement planning, and insurance principles. Specifically, students will learn about opening bank accounts, developing personal budgets, understanding credit scores, calculating interest rates, evaluating borrowing options, analyzing investments, comprehending tax deductions, and recognizing the importance of financial planning throughout different life stages. The bill charges school district boards with developing age-appropriate financial literacy programs and requires the education commissioner to provide local assistance in curriculum development. The goal is to equip students with practical financial knowledge and skills that will help them make informed financial decisions as they transition into adulthood, with the legislation set to take effect 120 days after becoming law.

Education

https://www.nysenate.gov/legislation/bills/2025/A109