HB 25-1192 — Financial Literacy Graduation Requirement
Status: Governor Signed (May 23, 2025)
Introduced: February 10, 2025
Summary — purpose and intent
HB 25-1192, titled "Financial Literacy Graduation Requirement," establishes financial literacy as a condition for high school graduation in the state. The bill’s intent is to ensure that secondary students acquire basic personal finance knowledge and skills (for example: budgeting, saving, credit, debt, taxes, insurance, and consumer protections) prior to earning a diploma so they are better prepared to make responsible financial decisions after graduation.
Key provisions (based on bill title and legislative summary information)
The bill text itself is not included in the materials provided. The enrolled bill’s title and standard practice for such legislation indicate it likely does or requires the following elements:
- Establishes a required financial literacy course or a demonstrated competency as part of the high school graduation requirements.
- Specifies learning objectives or adopts state academic standards for financial literacy (or directs the state education agency to develop/adopt them).
- Identifies grade level(s) when the instruction must be delivered (commonly 11th or 12th grade) or allows districts flexibility on timing.
- Sets the credit value or minimum instructional hours for the requirement (e.g., a one-semester course or equivalent competency demonstration).
- Addresses implementation responsibilities: local school districts must offer the course/assessment and the state department of education would provide guidance and materials.
- May include provisions for teacher qualification/training, model curricula, online options, and accommodations or exemptions (such as for transfers or special education students).
- Could include reporting requirements and an implementation timeline (phased in by a specific school year).
- Funding and appropriations: many such bills specify whether additional state funds are provided for curriculum development, teacher training, or assessments; the provided legislative actions show committee consideration by Appropriations, suggesting potential fiscal impact language in the full bill.
Who is affected
- High school students and families (new graduation requirement).
- Local school districts and charter schools (must provide coursework/assessments).
- Teachers and counselors (may need training or new course assignments).
- State Department of Education (implementation guidance, standards, and reporting).
- Potential fiscal impact on district budgets and the state, depending on whether the bill appropriates funds.
Legislative timeline / procedural status
- Introduced in House: Feb 10, 2025 (assigned to Education).
- Passed House and Senate through committee and floor actions (detailed actions between March and May 2025).
- Sent to the Governor: May 16, 2025 (signed by legislative leaders prior).
- Governor Signed: May 23, 2025 — bill is enacted; the specific effective date is not provided in the material above.
Sponsors
Primary sponsors: Jennifer Bacon; Anthony Hartsook; Jeff Bridges; Lisa Frizell.
Numerous cosponsors from both chambers (see legislative record for full list).
Notes and next steps
The document provided does not contain the bill’s full statutory language, exact requirements (credits/hours), exemptions, or any appropriation amounts. For precise provisions, effective date, and fiscal impact, consult the enrolled bill text and the state legislature or department of education website (look up HB 25-1192 / Financial Literacy Graduation Requirement).
