IL HB3125

Requires each school district maintaining grades 6 through 8 to include a financial literacy unit of instruction in the curriculum beginning with the 2019-2020 school year.

Mandates students in grades 6-8 take the required financial literacy course to provide basic knowledge for sound financial decision-making.

Specifies instruction must cover age-appropriate topics including budgeting, savings, credit, debt, insurance, investments, and personal financial responsibility.

Directs the State Board of Education to prepare and provide instructional materials as guidelines for school boards to develop their financial literacy curriculum.

Allows individual school boards to determine the minimum amount of instructional time that qualifies as a unit of instruction under this requirement.