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NY A08216
Bill
Status
11/6/2023
Primary Sponsor
Sam Berger
Click for details
AI Summary
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Requires all public school students in grades 9-12 to receive instruction in financial education through a comprehensive financial literacy program.
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Allows schools to fulfill the requirement through the finance unit of a required high school economics course, continuation of existing financial management courses, or newly developed local courses.
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School district boards of education must develop and maintain a financial literacy program covering 16 specified topics including budgeting, credit, debt management, taxes, investments, insurance, and retirement planning.
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The state education commissioner shall provide assistance to schools in developing age-appropriate curricula based on student needs and abilities.
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Takes effect 120 days after becoming law.
Legislative Description
Establishes that instruction in financial education be provided to pupils in grades nine through twelve; establishes what should be included in such curriculum including the basics of financial planning, budgeting, borrowing, interest rates, personal insurance policies, etc.
Last Action
print number 8216a
5/8/2024