2018 -- S 2344

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LC004495

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2018

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A N   A C T

RELATING TO EDUCATION - CURRICULUM

     Introduced By: Senators Paolino, Morgan, Gallo, Pearson, and Nesselbush

     Date Introduced: February 15, 2018

     Referred To: Senate Education

     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:

     16-22-29. Curriculum on financial literacy.

     (a) The department of elementary and secondary education shall, pursuant to rules

promulgated by the commissioner of elementary and secondary education, develop curricular

material on financial literacy. The material and guidelines shall include, but not be limited to:

     (1) How money works in the world;

     (2) How someone earns it;

     (3) How that person manages it;

     (4) How that person invests it; and

     (5) How that person donates it to help others.

     (b) In formulating this program the department shall consult with practicing teachers,

principals, superintendents, and experts knowledgeable in teaching individuals to make informed

and effective decisions with all of their financial resources. Local school committees shall

incorporate the material into their elementary and secondary school curriculum.

     SECTION 2. This act shall take effect upon passage.

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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 elementary and secondary education, pursuant

to rules promulgated by the commissioner of elementary and secondary education, to develop

curricular material on financial literacy.

     This act would take effect upon passage.

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