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FL S1054

Bill

Status

Passed

3/22/2022

Primary Sponsor

Travis Hutson

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Officially cited as the "Dorothy L. Hukill Financial Literacy Act," requiring a standalone one-half credit course in personal financial literacy and money management for a standard high school diploma in Florida
  • Applies to students entering grade 9 in the 2023-2024 school year and thereafter, reducing required elective credits from eight to seven and one-half to accommodate the new mandate
  • Required course content includes banking, balancing a checkbook, money management, credit scores, debt management, loan applications, personal insurance, federal income tax computation, interest rates, savings and investments, simple contracts, and state and federal finance laws
  • Modifies both the Career and Technical Education (CTE) graduation pathway and the Academically Challenging Curriculum to Enhance Learning (ACCEL) early graduation option to incorporate the new financial literacy requirement
  • Makes Florida the seventh state in the nation to require a standalone personal financial literacy course for high school graduation, effective July 1, 2022

Legislative Description

Financial Literacy Instruction in Public Schools

Last Action

Chapter No. 2022-17

3/22/2022

Committee Referrals

Rules2/8/2022

Full Bill Text

No bill text available