This bill aims to make financial education instruction a graduation requirement for public school students in Washington State. It recognizes the importance of personal finance knowledge for economic well-being and builds on previous legislative efforts to support financial education in schools. The bill mandates that starting in or before the 2027-28 school year, all high school students must receive instruction aligned with state financial education learning standards. Additionally, it requires school districts to publicize this requirement to students and their families and allows for waivers for students who have recently moved to the state.

The bill also outlines the responsibilities of the state board of education and the financial education public-private partnership in implementing and monitoring these requirements. It includes provisions for the development of a statewide implementation plan, recommendations for adjustments to graduation requirements, and a reporting timeline to ensure compliance. Furthermore, the bill stipulates that if specific funding for its purposes is not provided by June 30, 2025, the act will become null and void.

Statutes affected:
Original Bill: 28A.300.468
Substitute Bill: 28A.300.468
Second Substitute: 28A.300.468