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MS SB2670
Bill
AI Summary
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State Board of Education must implement a financial literacy curriculum for grades six through twelve by the 2025-2026 academic school year, applicable to all public, private, and charter schools in Mississippi.
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Each student in grades 10, 11, or 12 must take and pass a one-half Carnegie Unit credit course in personal finance to earn a high school diploma.
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Financial literacy program must include instruction in decision-making, earning an income, saving and spending, use of credit, and budgeting, with school boards encouraged to cover these topics in grades six through nine.
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Establishes a "Financial Literacy Trust Fund" in the State Treasury administered by the State Board of Education to provide funding for the program, with the Department of Banking and Consumer Finance authorized to contribute a portion of penalties and fees to the fund.
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State Board of Education must develop rules and regulations for the fund's implementation and provide annual reports to the Legislature by December 31 on the fund's programmatic and financial activities.
Legislative Description
Financial literacy curriculum; require specific courses in public schools in grades six through twelve.
Last Action
Died In Committee
3/5/2024