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AR HB1927
Bill
Status
3/11/2013
Primary Sponsor
Warwick Sabin
Click for details
AI Summary
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Amends Arkansas Code § 6-16-135 to require the Department of Education to develop personal finance course content guidelines in consultation with the Department of Career Education, subject to State Board of Education approval.
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Requires course content guidelines for the economics credit required for high school graduation to include material on income, money management, spending and credit, and saving and investing by the 2014-2015 school year.
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Mandates specific topics including employment choices and benefits, household budgeting, checking accounts, insurance, consumer finance, identity fraud, debt and credit management, bankruptcy, home ownership, saving methods, investment methods, retirement planning, and consumer protection.
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Changes reference from "Department of Workforce Education" to "Department of Career Education" in the statute.
Legislative Description
To Advance The Understanding Of Personal Financial Management Among Public School Students; To Require A Course In Personal Finance As A Requirement Of Graduation From High School.
Last Action
Recommended for study in the Interim by Joint Interim Committee on EDUCATION COMMITTEE- HOUSE
4/17/2013