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MD HB943

MD HB943
State Board of Education - Financial Literacy - Graduation Requirement


summary

Introduced
02/05/2026
In Committee
02/05/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Requiring the State Board of Education to establish a certain graduation requirement in financial literacy; requiring students, beginning with the 2030 graduating class, to successfully complete a certain personal financial literacy course; and requiring county boards, upon successful completion of the course, to award certain credit to students and to allow students to fulfill certain remaining credit requirements through certain existing courses.

AI Summary

This bill requires the State Board of Education to establish a new graduation requirement for all high school students in financial literacy, aligning with existing state standards for personal financial literacy education. Specifically, beginning with the graduating class of 2030, students must successfully complete a standalone personal financial literacy course that is at least one semester long and taught in the 11th or 12th grade. Upon successful completion of this course, county school boards will award students at least half a credit towards their high school diploma and allow them to use existing courses in subjects like business, career and technical education, electives, family and consumer sciences, mathematics, or social studies to fulfill any remaining credit requirements. The bill also clarifies that county boards have flexibility in choosing the curriculum, instructional materials, and departmental placement for this financial literacy course, as long as it meets state standards.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

House Ways and Means Hearing (13:00:00 2/25/2026 ) (on 02/25/2026)

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