Assembly Bill A2384

2021-2022 Legislative Session

Relates to courses of study in consumer awareness and financial education

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-A2384 (ACTIVE) - Details

See Senate Version of this Bill:
S5854
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Add §814-a, Ed L
Versions Introduced in Other Legislative Sessions:
2017-2018: A8701, S8459
2019-2020: A6001, S2382
2023-2024: A9701, S2873

2021-A2384 (ACTIVE) - Summary

Requires any school district in the state shall provide, to pupils in grades nine through twelve, one full unit of instruction designed to promote consumer awareness and financial education.

2021-A2384 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2384
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 19, 2021
                                ___________
 
 Introduced  by  M.  of  A.  SEAWRIGHT  --  read once and referred to the
   Committee on Education
 
 AN ACT to amend the education law, in relation to courses  of  study  in
   consumer awareness and financial education
 
   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  814-a
 to read as follows:
   §  814-A.  COURSES OF STUDY IN CONSUMER AWARENESS AND FINANCIAL EDUCA-
 TION. 1. ANY SCHOOL DISTRICT IN THE STATE SHALL PROVIDE,  TO  PUPILS  IN
 GRADES  NINE  THROUGH  TWELVE,  ONE FULL UNIT OF INSTRUCTION DESIGNED TO
 PROMOTE CONSUMER AWARENESS AND FINANCIAL EDUCATION.
   2. THE COMMISSIONER SHALL PROVIDE TECHNICAL ASSISTANCE  TO  RECEIVE  A
 COURSE  OR  FULL UNIT OF INSTRUCTION IN CONSUMER AWARENESS AND FINANCIAL
 EDUCATION.
   3. THE REQUIREMENTS OF THIS  SECTION  MAY  BE  FULFILLED  THROUGH  THE
 FINANCE  UNIT  OF  THE  REQUIRED HIGH SCHOOL ECONOMICS OR HOME ECONOMICS
 COURSE OR THE CONTINUATION OF  FINANCIAL  MANAGEMENT  COURSES  CURRENTLY
 BEING TAUGHT IN PUBLIC SECONDARY SCHOOLS.
   4.  THE  BOARD  OF  EDUCATION  OR  TRUSTEES  OF THE SCHOOL DISTRICT IS
 CHARGED WITH DEVELOPING AND MAINTAINING A CONSUMER AWARENESS AND  FINAN-
 CIAL  EDUCATION  PROGRAM FOR SECONDARY SCHOOL PUPILS THAT SHALL INCLUDE,
 BUT NOT BE LIMITED TO, INSTRUCTION IN THE FOLLOWING:
   A. SETTING FINANCIAL GOALS AND DEVELOPING A BUDGET;
   B. UNDERSTANDING BASIC BANKING SERVICES  SUCH  AS  CHECKING  ACCOUNTS,
 SAVINGS ACCOUNTS AND CERTIFICATES OF DEPOSIT;
   C.  UNDERSTANDING  THE CONSUMER IMPACT AND RISKS ASSOCIATED WITH CHECK
 CASHING AND OTHER TOOLS AVAILABLE TO CONSUMERS FOR IMMEDIATE  ACCESS  TO
 FUNDS;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05644-01-1

              

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