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Bill > S2374


MA S2374

Relative to financial literacy in schools


summary

Introduced
03/22/2018
In Committee
12/31/2018
Crossed Over
12/31/2018
Passed
01/01/2019
Dead
Signed/Enacted/Adopted
01/10/2019

Introduced Session

190th General Court

Bill Summary

Relative to financial literacy in schools (being the text of Senate document number 2343, printed as amended)

AI Summary

This bill aims to improve financial literacy among students in kindergarten through 12th grade in Massachusetts. It directs the Department of Elementary and Secondary Education to establish standards for personal financial literacy, covering topics like loans, credit cards, taxes, and budgeting. The bill allows schools to incorporate these standards into existing curricula and requires the department to provide resources and professional development on teaching personal finance. Additionally, the bill revives an advisory committee to track the development and implementation of these financial literacy standards, with the committee required to conduct a study and submit annual reports on best practices and recommended improvements.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

Signed by the Governor, Chapter 438 of the Acts of 2018 (on 01/10/2019)

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