Bill > HB326

This bill requires each county board of education in Maryland to allow students to count successful completion of an "eligible financial literacy course" toward their required student service hours for high school graduation, starting in the 2026-2027 school year. An eligible financial literacy course is specifically defined as a course providing instructional content on financial literacy concepts that is either offered at an institution of higher education, offered by an organization approved by the county board, and must be approved by the county board. The bill mandates that the State Board of Education must adopt regulations to implement this new provision, and the bill will take effect on July 1, 2025. The key innovation is providing students an alternative pathway to fulfill their service hour requirements by completing financial literacy education, which could help students develop important real-world financial skills while meeting graduation requirements.

Budget and Finance

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0326?ys=2025RS