House Bill No. 285 authorizes local public school boards in Louisiana to engage in cooperative endeavors with credit unions or banks to operate 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 amends R.S. 17:81(B) to include this new provision, allowing school boards to facilitate financial literacy education through real-world banking experiences.

In addition to the new provisions, the bill retains existing laws that permit school buildings to be used for academic purposes outside of regular school hours, such as tutoring and study halls. The cooperative endeavor with financial institutions is designed to enhance students' skills and knowledge in personal finance management, aligning with the topics covered in the mandated financial literacy course. This approach aims to equip students with essential financial skills necessary for their future.

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