Bill > S00677

This bill requires the New York State Commissioner of Education to develop and implement mandatory financial and insurance literacy instruction for high school students. Specifically, the bill mandates that all students in grades nine through twelve complete at least a half-credit course in financial and insurance literacy as a graduation requirement. The curriculum standards will include core competencies such as money management, investment strategies, personal insurance policies, and retirement planning. Schools can integrate this instruction into existing coursework in mathematics, social studies, or as an elective, and the course may be taught within current class structures or as a separate unit of study, depending on state funding. The goal is to ensure that high school students gain practical financial knowledge and skills before graduating, helping them make informed decisions about personal finance and insurance throughout their lives. The act is set to take effect immediately upon passage.

Education

https://www.nysenate.gov/legislation/bills/2025/S677