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Bill > S2885

NJ S2885

NJ S2885
Requires financial literacy instruction to pupils enrolled in grades kindergarten through eight.

summary

Introduced
01/09/2017
In Committee
12/14/2017
Crossed Over
Passed
Dead
01/08/2018

Introduced Session

2016-2017 Regular Session

Bill Summary

This bill directs the State Board of Education to require that a school district incorporate 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 incorporate financial literacy instruction into grades kindergarten through eight. The purpose is to provide elementary and middle school students with the basic financial literacy necessary for sound financial decision-making. The instruction must be appropriate for the age and comprehension of the students and include content on budgeting, savings, credit, debt, insurance, investment, and other personal financial responsibility issues as determined by the State board. The State board will also provide school districts with curriculum and sample instructional materials to support the implementation of this financial literacy requirement.

Committee Categories

Education

Sponsors (4)

Last Action

Substituted by A3396 (1R) (on 01/08/2018)
(1 Companion Bills)

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