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Assembly Bill A1035

2013-2014 Legislative Session

Directs the regents to ensure that a course in the use of the stock market is included during grades nine through twelve

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Archive: Last Bill Status - In Assembly Committee

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2013-A1035 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Add ยง801-b, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: A8266
2011-2012: A3118

2013-A1035 (ACTIVE) - Summary

Directs the regents to ensure that a course in the use of the stock market is included during grades nine through twelve; course to include investment concept, savings and relationship to the national economy.

2013-A1035 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1035

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by M. of A. HEASTIE -- read once and referred to the Commit-
  tee on Education

AN ACT to amend the education law, in relation to requiring  instruction
  regarding use of the stock market

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The education law is amended by adding a new section  801-b
to read as follows:
  S  801-B.  INSTRUCTION  REGARDING USE OF THE STOCK MARKET. THE REGENTS
SHALL ENSURE THAT THE COURSE  OF  INSTRUCTION  IN  GRADES  NINE  THROUGH
TWELVE  INCLUDES  A COMPONENT ON USE OF THE STOCK MARKET. SUCH COMPONENT
SHALL INSTRUCT STUDENTS ON THE PRINCIPLES OF PRUDENT INVESTMENT, SAVINGS
AND HOW THE STOCK MARKET REFLECTS  THE  NATIONAL  ECONOMY.  THE  REGENTS
SHALL  DETERMINE HOW TO INCORPORATE SUCH COMPONENT IN EXISTING CURRICULA
AND THE COMMISSIONER SHALL PROMULGATE ANY REGULATIONS  NEEDED  TO  CARRY
OUT SUCH DETERMINATION OF THE REGENTS.
  S  2.  This act shall take effect on the first of July next succeeding
the date on which it shall have become a law.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04294-01-3

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