SB 328

Bill Subjects

Education, State Superintendent, State Department And Boards Schools, Curricula

Abstract

Establishes a personal financial responsibility program (program) and personal financial responsibility fund (fund) to award grants, after June 30, 2021, to eligible entities to implement teacher professional development programs for training in teaching personal financial responsibility. Requires the state board of education to: (1) administer the program and fund; and (2) develop guidelines to award grants from the fund to eligible entities. Makes teachers eligible for a supplemental payment if they successfully complete personal financial responsibility training. Expands instruction concerning personal financial responsibility to include entrepreneurship and free market economic systems. Requires the department of education (department) to create or approve the criteria for a personal financial responsibility certificate. Allows a student to receive a Core 40 academic honors designation if the student successfully earns the certificate. Requires the department to post resources and best practices about personal financial responsibility on its Internet web site.