Bill > HB342

This bill amends Kentucky's high school graduation requirements to mandate a one-credit financial literacy course for students entering ninth grade on or after July 1, 2025. The course must cover essential topics including budgeting, saving and investing, credit and debt, insurance and risk management, taxes, and critical document review. Importantly, the financial literacy course can be counted as an elective, math, or social studies credit toward graduation. The Kentucky Department of Education, in collaboration with the Kentucky Financial Empowerment Commission, will be responsible for identifying which specific courses meet the new financial literacy requirement. Local school superintendents, school-based decision-making councils, and principals will have the flexibility to determine the specific curricula for these courses, ensuring they align with academic standards established by the Kentucky Board of Education. The bill represents a significant effort to improve students' financial knowledge and preparedness before they enter adulthood, by ensuring all high school students receive comprehensive financial education prior to graduation.

Education

https://apps.legislature.ky.gov/record/25RS/hb342.html