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NY A00109
Bill
Status
1/8/2025
Primary Sponsor
Sam Berger
Click for details
AI Summary
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Requires all public high school students in grades 9-12 to complete a course or full unit of instruction in financial education through a comprehensive financial literacy program
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Allows the requirement to be fulfilled through the existing high school economics course finance unit or current financial management courses, with local districts encouraged to develop additional courses
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Mandates local school boards to develop and maintain financial literacy programs covering topics including banking accounts, personal budgeting, credit and debt management, interest rate calculations, and borrowing options
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Requires instruction on taxes (state, federal, and local assessments), various types of investments, personal insurance policies, retirement planning, and relevant state and federal finance laws
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Takes effect 120 days after becoming law, with the Commissioner providing curriculum development assistance to local districts
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
referred to education
1/7/2026