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Bill > A03660


NY A03660

NY A03660
Establishes a state seal of financial literacy; provides such seal recognizes high school graduates who have attained a high level of proficiency in personal finance, budget management, and investment.


summary

Introduced
01/29/2025
In Committee
01/29/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the education law, in relation to establishing a state seal of financial literacy

AI Summary

This bill establishes a voluntary state seal of financial literacy for high school graduates in New York, which recognizes students who demonstrate a high level of proficiency in personal finance, budget management, and investment. The seal aims to encourage students to study personal finance principles, certify financial literacy skills, provide employers and universities with a way to identify financially knowledgeable students, and prepare students with 21st-century skills. The state Board of Regents will develop criteria for earning the seal, which may include completing specific social studies or economics credits. The state Commissioner of Education will create an insignia to be affixed to the diplomas and transcripts of qualifying students and provide supporting information to participating school districts. School districts that choose to participate must maintain records of students who earn the seal and add the insignia to their official documents. Importantly, no fee will be charged to students seeking this recognition, making it an accessible opportunity for high school students to showcase their financial knowledge.

Committee Categories

Education

Sponsors (5)

Last Action

referred to education (on 01/29/2025)

bill text


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