Bill

Bill > A00096


NY A00096

NY A00096
Requires instruction in financial management for all students in grades four through eight.


summary

Introduced
01/08/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the education law, in relation to instruction in financial management

AI Summary

This bill requires school districts in New York to provide financial management instruction for students in grades four through eight. The instruction will cover essential financial literacy topics such as budgeting, savings, credit, debt, insurance, investment, and personal financial responsibility. The state commissioner of education will be responsible for establishing and defining the financial management program through regulations, and will provide technical assistance in developing age-appropriate curricula tailored to students' needs and abilities at different grade levels. Schools will be authorized to offer these courses, and the education department is encouraged to make model curriculum and resource materials available on its website. The bill is designed to help students develop fundamental financial skills early in their education, potentially improving their long-term financial decision-making abilities. The legislation will take effect on the first of July following its passage, with immediate authorization for developing necessary regulations.

Committee Categories

Education

Sponsors (1)

Last Action

referred to education (on 01/07/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...