H.B. No. 27 amends the Education Code to enhance the curriculum requirements for high school students in Texas public schools by incorporating a personal financial literacy course. The bill modifies Subsection (b-1) to require students to complete a credit in personal financial literacy, replacing the previous requirement for economics. Additionally, it introduces Subsection (b-24), which allows students to fulfill the personal financial literacy requirement by successfully completing an advanced placement course deemed equivalent by the State Board of Education. The bill also repeals Subsection (b-22) and specifies that these changes will apply to students entering the ninth grade in the 2026-2027 school year or later.
The bill aims to ensure that high school graduates are equipped with essential financial skills, reflecting a growing recognition of the importance of financial literacy in education. It also mandates the development of a list of free and publicly available curricula for personal financial literacy courses and allows for the acceptance of federal or private grants to support these educational initiatives. The act is set to take effect immediately upon receiving a two-thirds vote from both houses or on September 1, 2025, if that threshold is not met.
Statutes affected: Introduced: Education Code 28.002, Education Code 28.0021 (Education Code 28)
House Committee Report: Education Code 28.025 (Education Code 28)
Engrossed: Education Code 28.025 (Education Code 28)
Senate Committee Report: Education Code 28.025 (Education Code 28)
Enrolled: Education Code 28.025 (Education Code 28)