NY A06217

Requires all students in grades 9-12 to be offered a half-credit course in financial education through a comprehensive financial literacy program.

Directs the commissioner of education, in consultation with the Department of Financial Services, to develop a curriculum for financial literacy instruction.

Mandates curriculum include instruction in account management, financial products and insurance, loans, money management, credit scores, taxes, interest rates, contracts, billing statements, savings and investments, relevant laws, financial planning, and present value of money.

Takes effect 120 days after becoming law, with authority to implement necessary rules and regulations immediately upon enactment.