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CA AB2927

Bill

Status

Passed

6/29/2024

Primary Sponsor

Kevin McCarty

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Requires high school pupils graduating in 2030-31 and later to complete a separate, stand-alone one-semester personal finance course, which may not be combined with any other course.

  • Allows pupils completing the personal finance course to elect exemption from the existing one-semester economics requirement in social studies.

  • Mandates local educational agencies, including charter schools, offer the personal finance course in all high schools beginning with the 2027-28 school year.

  • Authorizes teachers with credentials in Social Science, Business, Mathematics, or Home Economics to teach personal finance, with provision for additional supplementary authorization for other credentialed teachers.

  • Appropriates $300,000 to the Instructional Quality Commission to develop curriculum guide and resources by May 31, 2026; requires local agencies to develop their own curriculum if the state does not adopt resources by that deadline.

Legislative Description

Pupil instruction: high school graduation requirements: personal finance.

Last Action

Chaptered by Secretary of State - Chapter 37, Statutes of 2024.

6/29/2024

Committee Referrals

Appropriations6/19/2024
Education6/5/2024
Rules5/23/2024
Appropriations4/29/2024
Education3/4/2024

Full Bill Text

No bill text available