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FL S1054
Bill
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