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Bill > S4321
NJ S4321
NJ S4321Requires State Board of Education to require school districts to provide age-appropriate financial literacy instruction to students in grades kindergarten through five.
summary
Introduced
05/12/2025
05/12/2025
In Committee
05/12/2025
05/12/2025
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill stipulates that the State Board of Education is to require a school district to incorporate age-appropriate financial literacy instruction in an appropriate place in the curriculum of students enrolled in grades kindergarten through five. Current law requires financial literacy instruction to be incorporated in an appropriate place in the curriculum of students enrolled in grades six through eight. The bill provides that the instruction is to be age-appropriate, and is to include content on budgeting, savings, credit, debt, banking, and consumer skills, as appropriate, as well as other issues associated with personal financial responsibility as determined by the State board. The bill requires the Commissioner of Education to provide school districts with sample instructional materials and resources that may be used to support the implementation of the financial literacy instruction required by the bill.
AI Summary
This bill requires the State Board of Education to mandate financial literacy instruction for students in kindergarten through fifth grade, expanding current requirements that previously only applied to middle school students (grades six through eight). The instruction must be age-appropriate and cover key financial topics such as budgeting, savings, credit, debt, banking, and consumer skills. The Commissioner of Education will be responsible for providing school districts with sample instructional materials and resources to support implementation of this financial literacy curriculum. The goal of the bill is to introduce young students to fundamental personal financial concepts and skills early in their education, helping them develop financial literacy and responsibility from an early age. The bill will take effect immediately and will first be applied in the first full school year following its enactment, giving schools time to prepare and develop appropriate curriculum materials for younger students.
Committee Categories
Education
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Education Committee (on 05/12/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S4321 |
| BillText | https://pub.njleg.gov/Bills/2024/S4500/4321_I1.HTM |
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