2016 -- H 7660

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LC004201

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2016

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A N   A C T

RELATING TO EDUCATION - CURRICULUM

     Introduced By: Representatives Reilly, McNamara, Trillo, Serpa, and Edwards

     Date Introduced: February 24, 2016

     Referred To: House Health, Education & Welfare

     It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 16-22 of the General Laws entitled "Curriculum [See Title 16

Chapter 97 - The Rhode Island Board of Education Act]" is hereby amended by adding thereto

the following section:

     16-22-13.1. Instruction in financial literacy. – (a) The department of elementary and

secondary education shall incorporate financial literacy education into the board of education's

basic education program regulations. The school committees of the several cities, towns, and

school districts shall provide for the incorporation of mandatory instruction of students in grades

nine (9) through twelve (12) on the subject of financial literacy. The completion of a course of

instruction on financial literacy shall be required prior to graduation from high school.

     (b) For the purposes of this section "financial literacy" means the ability to use

knowledge and skills to manage financial resources effectively.

     SECTION 2. This act shall take effect upon passage.

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LC004201

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO EDUCATION - CURRICULUM

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     This act would require the department of education to incorporate financial literacy

education in the high school education program.

     This act would take effect upon passage.

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LC004201

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