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NY A05052
Bill
Status
2/11/2025
Primary Sponsor
Jonathan Jacobson
Click for details
AI Summary
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Requires the Commissioner of Education to prescribe a financial literacy course for high school students in grades 9-12 covering personal budgeting, wages and taxes, savings and investments, debt management, credit cards and scores, insurance, tenant rights, and home/auto purchasing and leasing
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Mandates the course be taught on a pass/fail basis with no impact on student grade point average
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Requires schools to provide necessary facilities, time, learning aids, and curriculum materials for the financial literacy instruction
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Makes passing the financial literacy course a condition for high school graduation
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Exempts students with disabilities from the graduation requirement if the course is not specifically included in their Individual Education Plan (IEP) as recommended by the district committee on the handicapped
Legislative Description
Requires high schools in grades nine through twelve to provide a course in financial literacy; requires students to complete such course as a condition of graduation.
Last Action
referred to education
1/7/2026