Bill > A04197

This bill requires all school districts in New York State to provide instruction to students about owning and operating a business, covering a comprehensive range of financial and entrepreneurial skills. The instruction will include essential topics such as financial literacy, leadership, management, communication, budgeting, savings, credit, debt, insurance, taxation, and other business-related issues. The state's education commissioner will be responsible for establishing the program's regulations and developing age-appropriate curricula tailored to students' needs and abilities at different grade levels. The goal is to equip students with practical skills and knowledge that will help them understand the fundamentals of business ownership and financial decision-making. The bill will take effect on the first of July following its enactment, with immediate authorization for developing the necessary regulations and curriculum materials. The legislation aims to enhance students' entrepreneurial and financial understanding by integrating these important life skills into the educational system.

Education

https://www.nysenate.gov/legislation/bills/2025/A4197