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MN HF1617
Bill
Status
2/25/2021
Primary Sponsor
Hodan Hassan
Click for details
AI Summary
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Students beginning 9th grade in the 2021-2022 school year and later must successfully complete a personal finance course for credit during their senior year of high school to graduate.
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The course must cover creating a household budget, taking out loans and accruing debt (including how interest works), home mortgages, filing taxes, the impact of student loan debt, and reading paychecks and payroll deductions.
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School districts may deliver the personal finance course through in-person instruction, distance instruction, or a combination of both delivery methods.
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This requirement amends Minnesota Statutes 2020, section 120B.024, subdivision 1, which establishes high school graduation requirements.
Legislative Description
Online personal finance class required for high school graduation.
Last Action
Committee report, to adopt as amended and re-refer to Education Finance
3/11/2021