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Bill

A 4433

Requires all public and private schools to provide financial literacy education to certain pupils

2025 Regular Session Introduced by Karl Brabenec and 1 co-sponsor

A 4433 - Requires Financial Literacy Education in Schools OverviewBill Number: A 4433 Title: Requires all public and private schools to provide financial literacy education to cer

REFERRED TO EDUCATION
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Bill Summary · A 4433

A 4433 - Requires Financial Literacy Education in Schools

Overview

Bill Number: A 4433
Title: Requires all public and private schools to provide financial literacy education to certain pupils
Status: REFERRED TO EDUCATION
Introduced: May 20, 2024

Purpose and Intent

The primary goal of this bill is to ensure that all students in public and private schools receive comprehensive financial literacy education. The rationale is to better prepare young people with the knowledge and skills needed to make informed financial decisions, manage personal finances, and achieve long-term financial stability and independence.

Key Provisions

  • Requires all public and private schools (K-12) to incorporate financial literacy curriculum into their standard course offerings
  • Specifies that financial literacy education must cover topics such as budgeting, saving, investing, credit, debt management, and consumer protection
  • Mandates that financial literacy be taught as a standalone course or integrated into existing classes like economics, math, or social studies
  • Directs the state Department of Education to develop standards and guidelines for the financial literacy curriculum
  • Provides funding for teacher training and instructional materials to support the new financial literacy requirements

Affected Parties and Impacts

  • All students enrolled in public and private K-12 schools would be required to receive financial literacy education as part of their curriculum
  • Teachers would need to be trained on the new financial literacy standards and integrate the content into their lesson plans
  • Schools and districts would need to allocate resources to implement the financial literacy program, including hiring staff, purchasing materials, and scheduling the required coursework
  • Families and communities could benefit from having young people gain practical money management skills to improve their long-term financial well-being

Procedural and Timeline Considerations

The bill has been referred to the state's Education Committee for further consideration and potential amendments. If passed by the committee, it would then move to a full floor vote in the state legislature. If enacted, the financial literacy education requirements would likely be phased in over a multi-year period to allow schools time to prepare curriculum and train teachers accordingly.

Compiled from official sources — confirm details with the bill’s official record.

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