The bill amends the Texas Education Code to require public school districts to include personal financial literacy and economics as part of the foundation curriculum for students in grades K-12. Specifically, it adds "personal financial literacy, economics, with emphasis on the free enterprise system and its benefits" to the social studies curriculum. Additionally, it mandates that high school programs provide a course in personal financial literacy that counts for one-half credit in social studies, ensuring that students receive instruction on completing federal student aid applications.

Furthermore, the bill modifies the requirements for the foundation high school program by removing the previous requirement for a personal financial literacy or economics course and instead specifies that students must complete a credit in economics and world geography or world history. It also repeals a section related to personal financial literacy and economics courses. The changes will apply to students entering the ninth grade in the 2025-2026 school year or later, while students in higher grades during that school year will follow the previous requirements. The act will take effect immediately if it receives a two-thirds vote from both houses; otherwise, it will take effect on September 1, 2025.

Statutes affected:
Introduced: Education Code 28.002, Education Code 28.0021 (Education Code 28)