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Bill > A3396


NJ A3396

NJ A3396
Requires financial literacy instruction to pupils enrolled in grades kindergarten through eight.


summary

Introduced
03/03/2016
In Committee
12/14/2017
Crossed Over
11/21/2016
Passed
01/08/2018
Dead

Introduced Session

2016-2017 Regular Session

Bill Summary

This bill directs the State Board of Education to require that a school district provide in each of the grades kindergarten through eight financial literacy instruction to pupils enrolled in those grades. The purpose of the instruction will be to provide elementary and middle school students with the basic financial literacy necessary for sound financial decision-making. The instruction must meet the requirements established by the State board and must: be appropriate to, and reflect the age and comprehension of, the students enrolled in the particular grade level; and include content on budgeting, savings, credit, debt, insurance, investment, and other issues associated with personal financial responsibility as determined by the State board.

AI Summary

This bill directs the State Board of Education to require that school districts provide financial literacy instruction to students in grades kindergarten through eight. The purpose of the instruction is to provide elementary and middle school students with the basic financial literacy necessary for sound financial decision-making. The instruction must be age-appropriate and cover topics such as budgeting, savings, credit, debt, insurance, and investment. The State board will provide curriculum and sample instructional materials to support the implementation of this financial literacy requirement, which will first be applicable in the first full school year following the bill's enactment.

Committee Categories

Education

Sponsors (10)

Last Action

Passed Senate (Passed Both Houses) (33-0) (on 01/08/2018)

bill text


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