2000 Financial Literacy Legislation
April 5, 2005
Enactments noted in italics
| State: |
Bill Summary: |
| Kentucky |
H.C.R. 82 Signed by governor 4/3/00, Chapter 303 Directs the Interim Joint Committee on Education to study the issue of the instruction of the principles of economics and the need for promoting economic education during the 2000-2002 legislative interim. |
| New Hampshire |
H.C.R. 29 Promotes the development and implementation of a financial literacy curriculum for primary school pupils in New Hampshire. |
| New Jersey |
A.B. 1869 Directs the Department of Education, in consultation with the Department of Commerce and Economic Development, to develop and provide to school districts curriculum guidelines and education programs that will assist districts to incorporate personal financial management education into their existing curricula for elementary pupils. |
| New Mexico |
S.J.M. 3, Second Special Session Requests the state Department of Public Education to provide for economic education instruction and other business-related training to elementary and secondary public school teachers in the state. |
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S.J.M. 73 Requests the state Department of Public Education to provide for economic education instruction and other business-related training to elementary and secondary public school teachers in the state. |
| Ohio |
H.B. 542 Requires one unit of study in economics for graduation from high school. |
| Tennessee |
H.B. 2133 S.B. 2161 Requires personal finance education component to be added to K-12 curriculum. |
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H.J.R. 541 Urges state board of education to include personal finance education component within public school curriculum for grades K-12. |
| Vermont |
H.B. 405 Proposes to create a program for low income individuals, including recipients of public assistance, that encourages them to save money for specific purposes, such as starting a business, paying for post-secondary education, home purchase, or other approved uses that are designed to enhance the saver's economic independence and quality of life. Pursuant to a savings plan agreed to by the saver and a nonprofit service provider, the saver would be eligible for grants to match the savings that may be used only for approved purposes. Requires recipients to take a financial management course. |
| Virginia |
H.B. 1450 Creates the Virginia Banking-at-School Demonstration Program to provide practical learning experiences to allow students to apply money management and personal finance skills; to assist them in understanding the American economic system, banking, finance, and investments; to explore entrepreneurship; and to explore and apply mathematical concepts used in the world of business and finance in a realistic setting. The provisions of the bill expire on July 1, 2005. |
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S.B. 749 Modifies the requirement for the Board of Education to develop and approve objectives for mathematics, at the middle and high school levels, for personal living and finances, i.e., money management skills for individuals and families. Requires the Board to supplement the Standards of Learning for mathematics with personal living and finances objectives and materials. |
NCSL Staff Contact: Heather Morton, (303) 364-7700, Denver
Financial Literacy Introduction
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