The proposed bill, titled the "Smart Living Act," aims to enhance personal financial literacy education for high school students in Florida. It amends section 1003.4282 of the Florida Statutes to revise the requirements for the one-half credit in personal financial literacy, which will be mandatory for students entering grade 9 in the 2023-2024 school year. The bill specifies that the instruction must cover a wide range of topics, including managing bank accounts, writing checks, creating personal budgets, understanding credit, completing loan applications, and navigating the home-buying process.

Additionally, the bill introduces new topics to the curriculum, such as personal future planning, career readiness, scholarship applications, critical thinking, and practical life skills like home maintenance. It also emphasizes the importance of understanding the Free Application for Federal Student Aid (FAFSA) process. The act is set to take effect on July 1, 2025, reflecting a comprehensive approach to equipping students with essential financial knowledge and skills for adulthood.

Statutes affected:
H 1261 c1: 1003.4282