Bill
Bill > SB2344
summary
Introduced
01/19/2026
01/19/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
02/09/2026
02/09/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act To Declare Legislative Findings; To Require Students At State Institutions Of Higher Learning, Community Colleges And Junior Colleges To Complete A Financial Literacy Course As A Condition Of Graduation; To Outline Minimum Requirements For Such Financial Literacy Course; To Provide Guidelines For Implementation For Institutions And Colleges; To Grant The Board Of Trustees Of The State Institutions Of Higher Learning And The Mississippi Community College Board Authority To Promulgate Rules And Regulations Necessary For Implementation; To Give The Board Of Trustees Of The State Institutions Of Higher Learning And The Mississippi Community College Board The Authority To Establish Minimum Learning Outcomes And Competency Standards; To Allow The Boards To Coordinate; To Create Compliance Procedures; To Provide For High School Financial Literacy Courses; And For Related Purposes.
AI Summary
This bill mandates that starting with students entering in Fall 2027, all Mississippi state universities and community colleges must require students to complete a financial literacy course or demonstrate equivalent competency as a condition for graduation. This course, which must be at least one credit hour or equivalent, will cover essential practical financial topics such as budgeting, credit, student loans, taxes, insurance, investing, and consumer protection, and will include hands-on learning components without commercial endorsements. Institutions have flexibility in how they deliver this requirement, including allowing students to fulfill it through exams or prior coursework, and the governing boards, the Board of Trustees of State Institutions of Higher Learning and the Mississippi Community College Board, are empowered to create necessary rules and standards, with the possibility of coordination between them to ensure alignment. While high school financial literacy courses may be recognized, they will only count towards this requirement if they meet the postsecondary competency standards.
Committee Categories
Education
Sponsors (8)
Nicole Boyd (R)*,
Gary Brumfield (D)*,
Albert Butler (D)*,
Theresa Gillespie Isom (D)*,
Rod Hickman (D)*,
Derrick Simmons (D)*,
Sarita Simmons (D)*,
Bart Williams (R)*,
Last Action
Referred To Universities and Colleges;Accountability, Efficiency, Transparency (on 02/12/2026)
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://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB2344.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/SB/2300-2399/SB2344PS.htm |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/SB/2300-2399/SB2344IN.htm |
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