An Act relative to personal financial literacy
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to require personal financial literacy education in Massachusetts public schools. It seeks to equip students with the knowledge and skills needed to make informed financial decisions throughout their lives. The legislation proposes incorporating financial literacy into the curriculum, likely through new courses or integrated lessons within existing subjects. This bill builds upon previous efforts to promote financial education in the state.
Key provisions
- Requires public schools to offer personal financial literacy education.
- Specifies topics to be covered in financial literacy courses, such as budgeting, saving, investing, and debt management.
- Encourages the development of financial literacy resources for educators.
- Promotes collaboration between schools and financial institutions to support financial literacy programs.
- Mandates that financial literacy be integrated into existing courses where appropriate.
Who is affected
- Students in Massachusetts public schools
- Public school educators
- Parents and families of students
- Financial institutions
- The Commonwealth of Massachusetts
Notable changes
- This bill mandates financial literacy education, building on previous attempts to introduce it.
- It likely requires schools to develop and implement new financial literacy programs.
Bill text
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Sponsors
Official sponsors from legislative records.
5 on record
Primary sponsor
Cosponsors
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