Do you support this bill?

Assembly Bill A2928A

2023-2024 Legislative Session

Requires all public and private schools to provide financial literacy education to certain pupils

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

Bill Amendments

co-Sponsors

2023-A2928 - Details

See Senate Version of this Bill:
S918
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Add §818, Ed L
Versions Introduced in Other Legislative Sessions:
2021-2022: A6234, S7257
2025-2026: A4433, S3331

2023-A2928 - Summary

Requires all public and private schools to provide financial literacy education to pupils in grade eleven; directs that certain topics be covered in such educational program.

2023-A2928 - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2928
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 1, 2023
                                ___________
 
 Introduced by M. of A. JENSEN -- read once and referred to the Committee
   on Education
 
 AN  ACT  to amend the education law, in relation to requiring all public
   and private schools to provide financial literacy education to certain
   pupils
 
   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 817 to
 read as follows:
   §  817.  INSTRUCTION RELATING TO FINANCIAL LITERACY. 1. THE DEPARTMENT
 AND BOARD OF REGENTS SHALL REQUIRE THAT ALL PUBLIC AND  PRIVATE  SCHOOLS
 IN  THE STATE INCORPORATE A COURSE OR FULL UNIT OF INSTRUCTION IN FINAN-
 CIAL EDUCATION DELIVERED BY MEANS OF A COMPREHENSIVE FINANCIAL  LITERACY
 PROGRAM  FOR  ALL  PUPILS  IN GRADE ELEVEN WHO INTEND TO GRADUATE WITH A
 REGENTS, LOCAL, OR ADVANCED DESIGNATION REGENTS DIPLOMA.
   2. THE REQUIREMENTS OF THIS  SECTION  MAY  BE  FULFILLED  THROUGH  (A)
 INCORPORATING  FINANCIAL  LITERACY  COURSEWORK  INTO AN EXISTING COURSE,
 PROVIDED THAT SUCH  COURSEWORK  SHALL  BE  APPORTIONED  APPROPRIATE  AND
 SUBSTANTIAL  TIME  TO  ENSURE  THAT THE ENUMERATED TOPICS ARE ADEQUATELY
 COVERED; OR (B) ESTABLISHING A NEW COURSE SOLELY DEDICATED TO  FINANCIAL
 LITERACY.
   3.  THE  BOARD OF EDUCATION OR TRUSTEES OF EACH SCHOOL IS CHARGED WITH
 DEVELOPING AND MAINTAINING A FINANCIAL LITERACY PROGRAM  FOR  PUPILS  IN
 GRADE  ELEVEN  THAT SHALL INCLUDE, BUT NOT BE LIMITED TO, INSTRUCTION IN
 THE FOLLOWING TOPICS:
   (A) TAXES;
   (B) STUDENT LOANS;
   (C) CAR LOANS AND LEASES;
   (D) MORTGAGES AND RENT;
   (E) DEBT;
   (F) INTEREST RATES;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02606-01-3

co-Sponsors

2023-A2928A (ACTIVE) - Details

See Senate Version of this Bill:
S918
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Add §818, Ed L
Versions Introduced in Other Legislative Sessions:
2021-2022: A6234, S7257
2025-2026: A4433, S3331

2023-A2928A (ACTIVE) - Summary

Requires all public and private schools to provide financial literacy education to pupils in grade eleven; directs that certain topics be covered in such educational program.

2023-A2928A (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2928--A
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 1, 2023
                                ___________
 
 Introduced  by  M.  of  A. JENSEN, NORRIS, DeSTEFANO, E. BROWN, BENDETT,
   BLUMENCRANZ, TAGUE, GALLAHAN,  MANKTELOW,  ANGELINO,  BROOK-KRASNY  --
   read once and referred to the Committee on Education -- recommitted to
   the  Committee on Education in accordance with Assembly Rule 3, sec. 2
   -- committee discharged, bill amended, ordered  reprinted  as  amended
   and recommitted to said committee
 
 AN  ACT  to amend the education law, in relation to requiring all public
   and private schools to provide financial literacy education to certain
   pupils
 
   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 818 to
 read as follows:
   §  818.  INSTRUCTION RELATING TO FINANCIAL LITERACY. 1. THE DEPARTMENT
 AND BOARD OF REGENTS SHALL REQUIRE THAT ALL PUBLIC AND  PRIVATE  SCHOOLS
 IN  THE STATE INCORPORATE A COURSE OR FULL UNIT OF INSTRUCTION IN FINAN-
 CIAL EDUCATION DELIVERED BY MEANS OF A COMPREHENSIVE FINANCIAL  LITERACY
 PROGRAM  FOR  ALL  PUPILS  IN GRADE ELEVEN WHO INTEND TO GRADUATE WITH A
 REGENTS, LOCAL, OR ADVANCED DESIGNATION REGENTS DIPLOMA.
   2. THE REQUIREMENTS OF THIS  SECTION  MAY  BE  FULFILLED  THROUGH  (A)
 INCORPORATING  FINANCIAL  LITERACY  COURSEWORK  INTO AN EXISTING COURSE,
 PROVIDED THAT SUCH  COURSEWORK  SHALL  BE  APPORTIONED  APPROPRIATE  AND
 SUBSTANTIAL  TIME  TO  ENSURE  THAT THE ENUMERATED TOPICS ARE ADEQUATELY
 COVERED; OR (B) ESTABLISHING A NEW COURSE SOLELY DEDICATED TO  FINANCIAL
 LITERACY.
   3.  THE  BOARD OF EDUCATION OR TRUSTEES OF EACH SCHOOL IS CHARGED WITH
 DEVELOPING AND MAINTAINING A FINANCIAL LITERACY PROGRAM  FOR  PUPILS  IN
 GRADE  ELEVEN  THAT SHALL INCLUDE, BUT NOT BE LIMITED TO, INSTRUCTION IN
 THE FOLLOWING TOPICS:
   (A) TAXES;
   (B) STUDENT LOANS;

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02606-02-4

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.