AN ACT TO REQUIRE THE STATE BOARD OF EDUCATION TO INCORPORATE FINANCIAL LITERACY COMPONENTS WITHIN THE EXISTING CURRICULUM TO BE TAUGHT IN GRADES 6-8 ON OR BEFORE THE 2026-2027 SCHOOL YEAR; TO REQUIRE SUCCESSFUL PASSAGE OF THE STAND-ALONE ONE-HALF CARNEGIE UNIT PERSONAL FINANCE COURSE OR A FULL CARNEGIE UNIT COURSE WHERE AT LEAST ONE-HALF OF THE COURSE STANDARDS CONCERN FINANCIAL LITERACY AS A GRADUATION REQUIREMENT; TO ESTABLISH THE "FINANCIAL LITERACY TRUST FUND" AS A SPECIAL FUND IN THE STATE TREASURY THAT SHALL PROVIDE FINANCIAL LITERACY EDUCATION AND BE ADMINISTERED BY THE STATE BOARD OF EDUCATION; TO REQUIRE THE BOARD TO DEVELOP RULES AND REGULATIONS FOR THE ADMINISTRATION OF THE FUND; TO AMEND SECTION 37-7-301, MISSISSIPPI CODE OF 1972, TO CONFORM, AND TO SET CERTAIN TOPICS THAT SHALL BE REQUIRED FOR THE FINANCIAL LITERACY PROGRAM; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 37-7-301
Committee Substitute: 37-7-301
As Passed by the Senate: 37-7-301