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MI HB5273
Bill
Status
11/28/2017
Primary Sponsor
Jeremy Moss
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AI Summary
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Removes the July 1, 2002 deadline for the Department of Education to develop or adopt model programs for youth financial education in grades K-12.
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Requires the Department to modify existing model financial education programs by the beginning of the 2018-2019 school year to include instruction on individual taxation, automobile insurance and ownership/leasing, and residential property insurance and ownership.
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Encourages school districts and public school academies to adopt and implement the Department's model financial education programs or similar programs.
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Directs the Department to use available federal funds for grants to public schools to support implementation of financial education programs.
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Takes effect 90 days after enactment.
Legislative Description
Education; curriculum; youth financial education; require to include instruction on taxation of individuals and on individual ownership or leasing of automobiles and residential properties. Amends sec. 1165 of 1976 PA 451 (MCL 380.1165).
Education: curriculum
Last Action
Bill Electronically Reproduced 11/28/2017
11/29/2017