Loading chat...
NY A03581
Bill
Status
Introduced
1/28/2025
Primary Sponsor
Matthew Simpson
Click for details
AI Summary
- Requires all public school students to complete a half-credit course in financial literacy at least once during grades 9-12 as a graduation requirement
- Applies only to students entering ninth grade after the law's effective date; students with disabilities may be exempted
- Mandates curriculum cover banking accounts, budgeting, credit and debt management, interest rates, student loans, insurance, taxes, renting vs. buying decisions, investments, and retirement planning
- Assigns local school boards responsibility for developing and maintaining the curriculum, with state commissioner providing assistance and educational resources
- Course must be graded on an A+ to F scale and counts toward the 22 credits required for graduation
Legislative Description
Requires that instruction in financial literacy 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, and personal insurance policies.
Last Action
referred to education
1/7/2026
Committee Referrals
Education1/28/2025
Full Bill Text
No bill text available