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MS SB2483

Bill

Status

Failed

3/3/2026

Primary Sponsor

Daniel Sparks

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Requires the State Board of Education to incorporate financial literacy components into curriculum for grades 6-8 beginning in the 2027-2028 school year, applying to all state-accredited schools including public charter schools

  • Beginning with the graduating class of 2032, students must pass a half Carnegie Unit personal finance course or a full Carnegie Unit course where at least half the standards concern financial literacy to earn a high school diploma

  • Required financial literacy topics include financial decision-making, earning income and tax obligations, personal budgeting and cash-flow management, credit types and reports, postsecondary education financing, and consumer rights/fraud avoidance

  • Schools may coordinate with volunteer teachers from community organizations including USDA Rural Development, HUD, Junior Achievement, bankers, and other nonprofits to deliver the program

  • The act takes effect July 1, 2026, and is named the "J.P. Wilemon, Jr., Financial Literacy Act"

Legislative Description

J.P. Wilemon, Jr., Financial Literacy Act; enact.

Last Action

Died In Committee

3/3/2026

Committee Referrals

Education2/6/2026
Education1/19/2026

Full Bill Text

No bill text available