Bill > S01272

This bill requires school districts in New York to provide financial management instruction for students in grades four through eight. The bill authorizes and directs schools to teach financial literacy skills, including 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 also provide technical assistance in developing age-appropriate curricula tailored to students' needs and abilities at different grade levels. The goal is to equip students with essential financial decision-making skills early in their education. While the instruction is authorized, it appears to be optional for school districts, and the commissioner may create model curriculum and resource materials available on the department's website. The bill will take effect on the first of July following its passage, with immediate authorization for developing necessary regulations.

Education

https://www.nysenate.gov/legislation/bills/2025/S1272