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Bill > SB2483


MS SB2483

MS SB2483
J.P. Wilemon, Jr., Financial Literacy Act; enact.


summary

Introduced
01/19/2026
In Committee
02/06/2026
Crossed Over
02/05/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act To Enact The "j.p. Wilemon, Jr., Financial Literacy Act"; To Require The State Board Of Education To Incorporate Financial Literacy Components Within The Existing Curriculum To Be Taught In Grades 6-8 Beginning In The 2027-2028 School Year; To Require Successful Passage Of The Stand-alone One-half Carnegie Unit Personal Finance Course Or A Full Carnegie Unit Course Where At Least One-half Of The Course Standards Concern Financial Literacy As A Graduation Requirement; To Amend Section 37-7-301, Mississippi Code Of 1972, To Conform, And To Set Certain Topics That Shall Be Required For The Financial Literacy Program; And For Related Purposes.

AI Summary

This bill, known as the J.P. Wilemon, Jr., Financial Literacy Act, mandates the integration of financial literacy education into Mississippi's public school curriculum. Starting with the 2027-2028 school year, financial literacy components will be incorporated into the existing curriculum for students in grades 6 through 8. Furthermore, beginning with the graduating class of 2032, students will be required to successfully complete and pass a personal finance course, either a half-unit course specifically focused on personal finance or a full-unit course where at least half of the content covers financial literacy, in order to graduate high school. This legislation also amends existing state law to ensure that the financial literacy program includes specific required topics, such as financial decision-making, understanding income and taxes, budgeting, saving, spending, credit, postsecondary education financing, and consumer rights and fraud avoidance.

Committee Categories

Education

Sponsors (12)

Last Action

Referred To Education;Accountability, Efficiency, Transparency (on 02/06/2026)

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