House Bill No. by Representative Bacala amends R.S. 17:81(B) to authorize local public school boards to engage in cooperative endeavors with credit unions to operate credit union branches at high schools. This initiative aims to integrate the operation of these branches into the financial literacy courses required for high school graduation, thereby providing students with practical experience in managing personal finances. The bill emphasizes the importance of equipping students with the necessary skills and knowledge to achieve financial literacy.

The proposed law retains the existing provisions that allow school buildings to be used for academic purposes outside of regular school hours, such as tutoring and study halls. It also mandates that school boards adopt rules and regulations governing the use of these facilities. The addition of the cooperative endeavor with credit unions is intended to enhance the educational experience by offering students hands-on opportunities to learn about banking and financial management as part of their curriculum.

Statutes affected:
HB285 Original: 17:81(B)