Do you support this bill?

Assembly Bill A96

2025-2026 Legislative Session

Relates to instruction in financial management

download bill text pdf

Sponsored By

Current 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

2025-A96 (ACTIVE) - Details

See Senate Version of this Bill:
S1272
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Add §819, Ed L
Versions Introduced in Other Legislative Sessions:
2019-2020: A4772, S4970
2021-2022: A329, S353
2023-2024: A2937, S1810

2025-A96 (ACTIVE) - Summary

Requires instruction in financial management for all students in grades four through eight.

2025-A96 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    96
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by  M.  of A. PHEFFER AMATO -- read once and referred to the
   Committee on Education
 
 AN ACT to amend the education law, in relation to instruction in  finan-
   cial management
 
   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 819 to
 read as follows:
   § 819. COURSES  OF  STUDY  IN  FINANCIAL  MANAGEMENT.  1.  ALL  SCHOOL
 DISTRICTS  IN  THE  STATE  SHALL  BE AUTHORIZED TO PROVIDE, TO PUPILS IN
 GRADES FOUR THROUGH EIGHT, INSTRUCTION IN FINANCIAL  MANAGEMENT  INCLUD-
 ING,  BUT  NOT  LIMITED TO, BASIC FINANCIAL LITERACY NECESSARY FOR SOUND
 FINANCIAL DECISION-MAKING, BUDGETING, SAVINGS, CREDIT, DEBT,  INSURANCE,
 INVESTMENT,  AND OTHER ISSUES ASSOCIATED WITH PERSONAL FINANCIAL RESPON-
 SIBILITY. THE COMMISSIONER SHALL ESTABLISH  AND  DEFINE  SUCH  FINANCIAL
 MANAGEMENT PROGRAM IN REGULATIONS. NOTHING IN THIS SECTION SHALL PREVENT
 THE  DEPARTMENT  FROM  MAKING  MODEL  CURRICULUM  AND RESOURCE MATERIALS
 AVAILABLE ON THE DEPARTMENT'S WEBSITE.
   2. THE COMMISSIONER SHALL PROVIDE TECHNICAL ASSISTANCE IN THE DEVELOP-
 MENT OF CURRICULA FOR SUCH COURSES OF STUDY WHICH SHALL BE AGE APPROPRI-
 ATE AND DEVELOPED ACCORDING TO THE NEEDS  AND  ABILITIES  OF  PUPILS  AT
 SUCCESSIVE  GRADE  LEVELS  IN  ORDER  TO  PROVIDE  PUPILS WITH FINANCIAL
 MANAGEMENT SKILLS.
   § 2. This act shall take effect on the first of July  next  succeeding
 the date on which it shall have become a law. Effective immediately, the
 addition,  amendment  and/or  repeal of any rule or regulation necessary
 for the implementation of this act on its effective date are  authorized
 to be made and completed on or before such effective date.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00381-01-5

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.