Bill
Bill > A1414
NJ A1414
Requires financial literacy instruction to pupils enrolled in grades six through eight.*
summary
Introduced
01/09/2018
01/09/2018
In Committee
10/18/2018
10/18/2018
Crossed Over
12/17/2018
12/17/2018
Passed
12/17/2018
12/17/2018
Dead
Signed/Enacted/Adopted
01/03/2019
01/03/2019
Introduced Session
2018-2019 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 all school districts incorporate financial literacy instruction for students in grades 6 through 8. The purpose is to provide middle school students with the basic financial knowledge necessary for sound financial decision-making. The instruction must be age-appropriate, cover topics like budgeting, savings, credit, debt, insurance, and investment, and meet requirements established by the State Board. The Commissioner of Education will provide schools with sample instructional materials and resources to support the implementation of this financial literacy requirement.
Committee Categories
Education
Sponsors (20)
Dawn Addiego (D)*,
Nicholas Chiaravalloti (D)*,
Jamel Holley (D)*,
Angela Mcknight (D)*,
Eliana Pintor Marin (D)*,
Annette Quijano (D)*,
Ronald Rice (D)*,
Benjie Wimberly (D)*,
Herbert Conaway (D),
JoAnn Downey (D),
Reed Gusciora (D),
Eric Houghtaling (D),
Gordon Johnson (D),
Yvonne Lopez (D),
Fred Madden (D),
Carol Murphy (D),
Verlina Reynolds-Jackson (D),
Teresa Ruiz (D),
Troy Singleton (D),
Britnee Timberlake (D),
Last Action
Approved P.L.2018, c.167. (on 01/03/2019)
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