IL HB1375

Requires all Illinois high school students entering 9th grade beginning in the 2027-2028 school year to complete a one-semester stand-alone personal finance course in grade 11 or 12 as a graduation requirement.

Mandates personal finance course curriculum include behavioral economics, banking, credit management, investing, taxes, budgeting, insurance, college payment, retirement planning, homeownership, and personal transportation.

Establishes the Financial Literacy Fund to award grants to school districts for teacher training costs, financial literacy competitions, educational activities, and related resources.

Requires school boards to oversee course implementation by identifying teacher certifications needed, compiling lists of approved curriculum providers, and listing professional development providers with recent state experience.

Directs the State Board of Education to develop implementation guidelines, curriculum standards that may be reviewed every 5 years, and allows adoption of national personal finance education standards.