Printer Friendly Version - National Conference of State Legislatures

More documents

Recommendations

Info

agreement pursuant to a direct solicitation, the student would not be liable for any interest on the debt pursuant thereto. Status—Introduced in the Senate, Referred to Senate Commerce Committee, 1/08/2002 OHIO H.B. 542 Requires every high school to include in the requirements for graduation from any curriculum one-half unit in economics, emphasizing personal finance and consumer credit. Status—Introduced, 3/14/2002 UTAH H.J.R. 15 Urges Utah public school districts to ensure that school curriculums promote financial literacy among students. Status—Adopted, 2/27/2002 2001 DELAWARE H.B. 84 Provides for a Money Management Program for certain specific needy older people. The Money Management Program uses volunteers to help older people, or people with disabilities organize expenses and paying bills. Under this act Delaware’s program would be a joint project between the AARP and the Department of Health and Social Services (DHSS) and would target low-income older people, and people with disabilities who are at risk because of their inability to manage their financial affairs. The Division of Services for Aging, and Adults with Physical Disabilities would be responsible for managing the program, screening volunteers, training volunteers and monitoring volunteer/client accounts. Status—Signed by Governor, Chapter 168, 7/12/2001 H.C.R. 3 Creates a Joint Committee on Financial Literacy to review existing financial literacy programs and foster the teaching of financial literacy programs to high school juniors and seniors. Status—Adopted, 3/22/2001 ILLINOIS H.B. 2505 Appropriates $1 million to the state Board of Education to expand economics education programs to include cooperative education. Status—Re-referred to the Rules Committee, 3/16/2001 LOUISIANA S.B. 212 Authorizes local school systems to offer instruction in personal financial management to students, provided such instruction is integrated into an existing course of study. Status—Signed by Governor, Act 681, 6/25/2001 MAINE L.D. 770 Directs the Department of Education to consider recommendations from the Department of Economic and Community Development and from other interested parties on entrepreneurship to encourage entrepreneurship education in kindergarten to grade 12 and in postsecondary education systems and to improve outreach of entrepreneurship education to rural areas of the state. Status—Referred to the Committee on Education and Cultural Affairs, 2001 MASSACHUSETTS H.B. 2492 Relates to public schools and personal economics study. Status—Died, 2001 MICHIGAN H.R. 175 Urges the Department of Education to encourage Michigan schools to incorporate the Kid Savers financial education program into their curricula. Status—Referred to Committee on Education, 7/10/2001 S.B. 737 Provides for model financial literacy programs in public school curricula. Status—Referred to committee on education, 10/17/2001 IDAHO S.C.R. 152 MISSISSIPPI Provides findings of the Legislature and declares April 2000 to H.B. 66 be “Idaho Financial Literacy Month” for the purposes of focus- Requires the state Board of Education to develop a course on ing public awareness on issues of youth and adult financial liter- personal finance and of entrepreneurship to be required of all acy, the responsibilities and rights of consumers, and how to public high school students graduating in the 2003-2004 school detect and avoid fraud. year and thereafter; specifies certain skills to be taught through Status—Adopted, 4/06/2001 the course; and authorizes the Department of Education to use 15 NATIONAL CONFERENCE OF STATE LEGISLATURES
available funding to train teachers in entrepreneurship education. Status—Died in committee, 1/30/2001 MISSOURI H.B. 536 Requires that every public school secondary student take at least one course in personal finance. The state Board of Education will set minimum standards for the courses, and school districts may exceed the minimum. Status—Referred to Education-Elementary and Secondary Committee, 02/13/2001 NEW JERSEY S.B. 2283 Requires a public institution of higher education to establish a financial management program for its students if the institution enters into an agreement for the direct solicitation of credit cards to its students. The financial management program is to be funded by the credit card issuers and conform to the guidelines for the program established by the Department of Banking and Insurance. If a student has not successfully completed the financial management program prior to entering a credit card agreement pursuant to a direct solicitation, the student would not be liable for any interest on the debt pursuant thereto. Status—Introduced in the Senate, referred to Senate Commerce Committee, 3/29/2001 NEW MEXICO S.B. 172 Makes an appropriation to provide economic education instruction and other business-related training for elementary and secondary public school teachers in the state. Status—Died, 2001 NORTH CAROLINA H.B. 1401 Appropriates funds for the expansion of individual development accounts; appropriates funds for 2002-2003 from the General Fund for the Department of Labor; and allows remaining funds to be used for case management, program development, financial literacy training and allocation of local sites and economic literacy providers. Status—Postponed Indefinitely, 10/03/2002 S.B. 744 Authorizes pilot programs on teaching personal financial literacy in the public schools. Status—Assigned to Appropriations Subcommittee on Education, 6/11/2001 16 NATIONAL CONFERENCE OF STATE LEGISLATURES OREGON H.B. 2545 Directs the state treasurer to establish the Oregon Retirement Savings Education Program. Requires the program to include a plan for educating Oregonians regarding the importance of saving for retirement, implementation of small business pension education agenda, programs and strategies that allow for additional educational initiatives, and monitoring and other activities designed to ensure that personal finance skills are taught and tested throughout Oregon’s education system. Creates the Oregon Retirement Savings Education Account for deposit of federal money and other contributions devoted to the program. Appropriates all moneys in the account to the state treasurer for implementation and administration of program. Status—Introduced, 2001 TENNESSEE H.B. 1177 S.B. 1267 Encourages local education agencies to select textbooks that address personal finance for economics or similar courses. Status—Signed by Governor, Public Chapter 229, 5/15/2001 TEXAS H.B. 449 Relates to personal finance education as a requirement for graduation from public high school. Status—Referred to Public Education, 1/30/2001 H.C.R. 246 Directs the state Board of Education to consider including personal finance knowledge among the essential knowledge and skills in the required public school curriculum. Status—Received from House, 5/24/2001 WISCONSIN S.J.R. 31 Urges schools to improve the personal money management skills of high school students. Status—Adopted, 6/14/2001
Page 2 and 3: Consumer Debt and Bankruptcy on the
Page 4 and 5: York, North Carolina, South Carolin
Page 6 and 7: provides materials to teach the bas
Page 8 and 9: States also have created state-leve
Page 10 and 11: Consumers Bankers Association www.c
Page 12 and 13: ARIZONA S.B. 1189 Prohibits the lic
Page 14 and 15: IOWA MASSACHUSETTS H.R. 29 H.B. 119
Page 16 and 17: H.R. 201 Establishes a task force f
Page 18 and 19: and public sectors for consideratio
Page 20 and 21: A.B. 9654 Provides for the registra
Page 22 and 23: COLORADO H.J.R. 1069 Encourages edu
Page 24 and 25: H.C.R. 15 Directs the state Board o

Printer Friendly Version - National Conference of State Legislatures

Create successful ePaper yourself

Delete template?

Save as template?