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Bill > HB994


MS HB994

MS HB994
Financial literacy; require SBE to develop curriculum for Grades 6-12.


summary

Introduced
01/16/2026
In Committee
01/16/2026
Crossed Over
Passed
Dead
02/03/2026

Introduced Session

2026 Regular Session

Bill Summary

An Act To Require The State Board Of Education To Incorporate Components Within The Existing Financial Literacy Curriculum For Students In Grades 6 Through 8 Beginning With The 2026-2027 School Year; To Require Passage Of A One-half Carnegie Unit Course In Financial Literacy As A Graduation Requirement For All Public School Students, Including Those In Charter Schools, Beginning With The 2031 Graduating Class; To Establish The Financial Literacy Trust Fund In The State Treasury To Support Financial Literacy Education; To Require The State Board Of Education To Administer The Fund; To Amend Sections 37-7-301, 37-16-7 And 37-28-45 Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.

AI Summary

This bill mandates that the State Board of Education integrate financial literacy into the curriculum for students in grades 6 through 8 starting with the 2026-2027 school year, and requires all public school students, including those in charter schools, to pass a half-unit (a "Carnegie Unit" is a standard measure of academic credit) course in financial literacy as a graduation requirement beginning with the graduating class of 2031. To support this initiative, a "Financial Literacy Trust Fund" will be established in the State Treasury, administered by the State Board of Education, and can receive various forms of funding, including private donations, grants, and state or federal appropriations. The bill also amends existing laws to align with these new financial literacy requirements, ensuring that charter schools are subject to these new graduation requirements and that school boards have the authority to implement financial literacy components within their existing curriculum.

Committee Categories

Education

Sponsors (1)

Last Action

Died In Committee (on 02/03/2026)

bill text


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