Pupil instruction: high school graduation requirements: personal finance.
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Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill requires California high schools to offer a one-semester course in personal finance starting in the 2030-31 school year, fulfilling a new graduation requirement. It allows schools flexibility in how they deliver this course, including integrating it into a year-long program. The bill also addresses existing requirements for social studies and economics, and provides options for schools to satisfy the personal finance requirement through alternative courses.
Key provisions
- Requires a one-semester stand-alone course in personal finance for graduation starting 2030-31.
- Allows schools to offer a year-long course that meets the personal finance requirement if it covers specified financial literacy topics.
- Exempts pupils who complete a stand-alone personal finance course from the requirement to complete a one-semester course in economics.
- Local educational agencies can offer a personal finance course as part of an integrated year-long course.
- The personal finance course must include information on recommended financial literacy topics.
- Schools can satisfy the personal finance requirement through alternative means like supervised work experience.
- Addresses existing requirements for social studies and economics coursework.
- Provides a process for local educational agencies to notify parents and the public about offering career technical education courses.
Who is affected
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Sponsors
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1 on record
Primary sponsor
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