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Bill > H1261


FL H1261

FL H1261
Personal Financial Literacy


summary

Introduced
02/26/2025
In Committee
03/21/2025
Crossed Over
Passed
Dead
06/16/2025

Introduced Session

2025 Regular Session

Bill Summary

An act relating to personal financial literacy; providing a short title; amending s. 1003.4282, F.S.; revising the requirements for the one-half credit in personal financial literacy to include specified instruction; providing an effective date.

AI Summary

This bill, known as the Smart Living Act, proposes to expand the requirements for the one-half credit personal financial literacy course in Florida high schools, starting with students entering 9th grade in the 2023-2024 school year. The bill significantly enhances the existing curriculum by adding numerous detailed topics, including practical financial skills like writing and balancing checks, understanding credit, loan applications, and tax filing. The expanded course now includes additional sections on personal future planning, such as career readiness, exploring post-graduation paths, creating resumes, and applying for scholarships. The bill also introduces new components like critical thinking, decision-making skills, practical life skills (such as car maintenance and home repairs), and detailed guidance on completing the Free Application for Federal Student Aid (FAFSA). These comprehensive additions aim to provide students with a more robust and practical financial education that goes beyond traditional financial literacy, preparing them for real-world financial challenges and personal development. The bill is set to take effect on July 1, 2025, giving schools time to develop and implement the enhanced curriculum.

Committee Categories

Education, Labor and Employment

Sponsors (2)

Other Sponsors (1)

Careers & Workforce Subcommittee (H)

Last Action

Died in Education & Employment Committee (on 06/16/2025)

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