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Bill

Bill

AB 289

Revises provisions relating to education. (BDR 34-320)

2025 Regular Session Introduced by Natha Anderson and 27 co-sponsors

Allows the Nevada Board of Regents to establish a voluntary financial literacy course for NSHE institutions to offer to students.

Chapter 284.
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Bill Summary · AB 289

AB 289 — Revises provisions relating to education (BDR 34-320) — Summary

Status: Chapter 284 (enacted 2025)
Introduced: early 2025 (bill activity Feb–May 2025)
Subject: Authorizes the Nevada Board of Regents to establish a financial‑literacy course for NSHE

Main purpose

AB 289 gives the Nevada System of Higher Education (NSHE) Board of Regents explicit authority to establish a course of study in financial literacy for NSHE institutions. The measure is intended to expand postsecondary access to instruction on personal finance to better prepare college students for financial decisions after graduation.

Key provisions

  • Authorizes the Board of Regents to establish a course of study in financial literacy for NSHE institutions. (Final enacted language uses permissive “may establish.”)
  • The bill went through multiple amendments during the legislative process:
    • Early drafts would have made a financial‑literacy examination a graduation requirement or required students to pass an exam to graduate.
    • Later amendments (not retained in the final enrolled text) proposed that, if established, the course include instruction on: preparing a budget; developing a financial plan; opportunity cost; preparing and filing taxes; use of credit and incurring debt; and applying for/receiving financial aid.
    • Other amendments narrowed the proposal from a mandatory graduation requirement to an optional course that could be offered as a general‑education or elective requirement at NSHE institutions.
  • The enacted statute does not itself mandate that NSHE set up the course or prescribe specific curriculum content; it authorizes the Board of Regents to do so.

Who is affected

  • Nevada System of Higher Education (NSHE) and its Board of Regents — responsible for deciding whether to develop and implement the course and for curriculum design if they choose to act.
  • NSHE students — could be offered an opportunity to take a financial‑literacy course as a general‑education or elective option; earlier versions that would have required passing to graduate were removed.
  • State government — the measure was analyzed as having a state fiscal effect (NSHE provided a fiscal note), since implementation may require staff time, course development, and possible administrative resources.

Legislative/timeline notes

  • The bill moved through multiple committee amendments and reprints between March and May 2025.
  • Final enrolled/chaptered action: Chapter 284 (2025). Governor approval and chaptering occurred in June 2025 (chapter date recorded June 6, 2025).
  • Because the law authorizes — rather than requires — action by the Board of Regents, further implementation depends on NSHE policy decisions and any curriculum or funding choices the Board makes after enactment.

Stakeholder input

  • The bill drew support from consumer‑finance, community, and employer groups advocating for broader financial education at the postsecondary level.
  • Debate during amendments focused on whether the course should be mandatory for graduation, the scope of mandatory content, and local control/implementation flexibility for NSHE institutions.

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

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