Senate Bill 921 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 introduces a provision that allows school boards to award this credit to students who successfully complete a financial literacy program offered by a financial institution located within the school, provided that 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 new language inserted into the statute clarifies that the school board is responsible for awarding the credit based on the completion of the program, thereby expanding the avenues through which students can fulfill the personal financial literacy requirement for graduation.

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