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Bill > S1592

NJ S1592

NJ S1592
Requires financial literacy instruction to pupils enrolled in grades six through eight.*

summary

Introduced
02/05/2018
In Committee
10/18/2018
Crossed Over
Passed
Dead
01/08/2020

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 school districts incorporate financial literacy instruction for students in grades six through eight. The purpose is to provide middle school students with the basic financial literacy necessary for sound financial decision-making. The instruction must be age-appropriate, cover topics such as budgeting, savings, credit, debt, insurance, and investment, and meet requirements established 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 (5)

Last Action

Substituted by A1414 (2R) (on 12/17/2018)
(2 Companion Bills)

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