Bill
Bill > A3123
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
Current law requires middle school students to receive instruction in financial literacy. This bill amends the law to also require high school students to receive instruction in financial literacy. The bill clarifies that instruction that principally addresses economic, business, and entrepreneurial literacy will not satisfy the financial literacy instruction requirement. The bill requires, for a State-endorsed diploma, district boards of education to develop, adopt, and implement local graduation requirements that require a high school student to complete the financial literacy course. The bill also adds additional content to be included in the financial literacy curriculum, including behavioral economics, banking, consumer skills, taxes, and college financial planning. Finally, the bill amends the law to require that the financial literacy instruction be taught by teachers with appropriate instructional endorsements in specific areas.
AI Summary
This bill expands existing financial literacy education requirements for middle school students to now include high school students, mandating a one-semester course in financial literacy for all high schoolers as a graduation requirement for a State-endorsed diploma. The bill clarifies that instruction primarily focused on economic, business, or entrepreneurial literacy will not fulfill this requirement, and it adds specific topics to the curriculum, such as behavioral economics (the study of how psychological factors influence financial decisions), banking, consumer skills, taxes, and college financial planning. Furthermore, the bill specifies that this financial literacy instruction must be delivered by teachers holding particular instructional endorsements, ensuring they have the appropriate qualifications in areas like business, finance, economics, or family and consumer sciences.
Committee Categories
Education
Sponsors (5)
Verlina Reynolds-Jackson (D)*,
Sterley Stanley (D)*,
Lisa Swain (D)*,
Shama Haider (D),
Ellen Park (D),
Last Action
Introduced, Referred to Assembly Education Committee (on 01/13/2026)
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://www.njleg.state.nj.us/bill-search/2026/A3123 |
| BillText | https://pub.njleg.gov/Bills/2026/A3500/3123_I1.HTM |
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