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CA SB1080
Bill
AI Summary
- Authorizes economics instruction in grades 7-12 to include personal finance education covering mathematics, budgeting, savings, credit, and identity theft
- Requires the State Department of Education to develop a personal finances curriculum during the next cycle when mathematics and history-social science curriculum frameworks are adopted
- Makes legislative findings that California lacks an official statewide financial literacy policy and that high school seniors score below the national average on financial knowledge assessments
- Notes that 38 states already have personal finance standards and 9 states include personal finance as a graduation requirement
- Identifies financial literacy as essential for preparing students for the workforce and enabling them to understand how state budget decisions affect their lives
Legislative Description
Pupil instruction: economics: personal finance.
Last Action
Held in committee and under submission.
5/24/2012
Committee Referrals
Appropriations3/28/2012
Education3/1/2012
Rules2/14/2012
Full Bill Text
No bill text available