Loading chat...
MS SB2483
Bill
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