Assembly Bill 990 proposes an amendment to the current high school graduation requirements in Wisconsin, specifically regarding personal financial literacy. Under existing law, students must earn at least one-half credit in personal financial literacy to graduate, starting with the class of 2028. The bill stipulates that a school board must award this credit to students who successfully complete a financial literacy program offered by a financial institution at a branch located within the school, provided the school board deems the program meets the necessary requirements.

The bill defines a financial institution as a bank, savings bank, savings and loan association, trust company, or credit union that is chartered under state or federal law. The amendment aims to enhance the accessibility of financial literacy education by allowing programs offered directly within schools to count towards graduation requirements, thereby promoting financial education among high school students.

Statutes affected:
Bill Text: 118.33(1)(a)1.f, 118.33