2020 -- S 2380 | |
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LC004226 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2020 | |
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A N A C T | |
RELATING TO EDUCATION -- FINANCIAL LITERACY | |
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Introduced By: Senators Cano, Paolino, Gallo, Goodwin, and McCaffrey | |
Date Introduced: February 13, 2020 | |
Referred To: Senate Education | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 16-22-13 of the General Laws in Chapter 16-22 entitled |
2 | "Curriculum [See Title 16 Chapter 97 - The Rhode Island Board of Education Act]" is hereby |
3 | amended to read as follows: |
4 | 16-22-13. Consumer education. |
5 | (a) The council on elementary and secondary education (the “council”), in consultation |
6 | with the Rhode Island department of education (the “department”), shall develop and approve |
7 | statewide academic standards for the instruction of consumer education in public high schools by |
8 | no later than December 31, 2020, and again as required by the procedures set forth in subsections |
9 | (e) and (f) of this section. |
10 | (b) By the start of the 2021-2022 school year, the The school committees of the several |
11 | cities, towns, and school districts local education agencies (“LEAs”) shall provide for pupils in |
12 | the ensure that public high schools in grades eight (8) through twelve (12) to be taught and be |
13 | required to study courses which offer a course that include includes instruction in consumer |
14 | education, which that is aligned with the statewide standards. |
15 | (c) The standards shall may include, but not necessarily be limited to, installment |
16 | purchasing, budgeting, comparison of prices, credit and the law, employment and income, rights |
17 | and responsibilities in the marketplace, money management, maintaining credit, saving, |
18 | investing, protecting and insuring assets, and other personal finance or consumer economic topics |
19 | of study approved by the department of elementary and secondary education. |
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1 | (d) The standards shall: |
2 | (1) Clearly set forth the skills, competencies, and knowledge expected to be demonstrated |
3 | by all students at the conclusion of individual grades or grade spans; |
4 | (2) Reflect sensitivity to different learning styles; and |
5 | (3) Be in a form readily comprehensible by the public. |
6 | (e) The council shall review the consumer education standards regularly, making changes |
7 | if appropriate, to ensure that the standards continue to outline the knowledge and skills students |
8 | are expected to demonstrate regarding the responsible and informed use of financial services. The |
9 | review cycle shall begin in 2025, with subsequent reviews taking place in 2030, 2035, and every |
10 | five (5) years thereafter. |
11 | (f) Any recommended changes or updates to existing standards shall be approved by the |
12 | council at least sixty (60) days prior to the changes taking effect. |
13 | (g) Beginning with the graduating class of 2023, all students shall demonstrate |
14 | proficiency in consumer education prior to graduating high school. LEAs shall have the discretion |
15 | to allow students the ability to demonstrate proficiency by one or more of the following: |
16 | (1) Successful completion of a consumer education course of study aligned with the |
17 | standards developed and approved by the council; |
18 | (2) Successful completion of a project aligned with the standards developed and approved |
19 | by the council, under the supervision of a certified educator; |
20 | (3) Successful completion of a consumer education assessment that is aligned with the |
21 | standards developed and approved by the council and taken in a controlled testing environment; |
22 | or |
23 | (4) Another demonstration of proficiency approved by the council. |
24 | (h) Schools shall be permitted to make exceptions and accommodations to the |
25 | requirements of this section for students with disabilities, as provided in chapter 24 of title 16, in |
26 | those cases wherein the student cannot be reasonably expected to demonstrate proficiency to |
27 | council standards. |
28 | (i) The council, in consultation with the department, shall compile and publish the |
29 | following by April 1, 2021: |
30 | (1) A list of micro-credentialing programs that train educators in the skills necessary to |
31 | deliver consumer education lessons in accordance with statewide standards; and |
32 | (2) Resources and instructional materials including, but not limited to, lesson plans, |
33 | assessments, and activities that align with the consumer education standards adopted by the |
34 | council. |
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1 | (j) The council shall review the list of micro-credentialing programs and resources and |
2 | instructional materials compiled in subsection (i) of this section regularly, making changes if |
3 | appropriate. The review cycle shall begin in 2025, with subsequent reviews taking place in 2030, |
4 | 2035, and every five (5) years thereafter. |
5 | (k) By August 1, 2023, and annually by August 1 thereafter, the department shall publish |
6 | a report on the consumer education instruction in Rhode Island schools. The report shall include, |
7 | but need not be limited to, the following: |
8 | (1) The number of high school students at each grade level who have completed a high- |
9 | school level course of study in consumer education that is aligned with the standards developed |
10 | and approved by the council; and |
11 | (2) A list of the middle schools and elementary schools that have incorporated consumer |
12 | education into their curricula. |
13 | (l) This section shall not apply to private schools. |
14 | 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 -- FINANCIAL LITERACY | |
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1 | This act would require the council on elementary and secondary education, in |
2 | consultation with the Rhode Island department of education, to develop and approve statewide |
3 | academic standards for the instruction of consumer education in public high schools by no later |
4 | than December 31, 2020. |
5 | This act would take effect upon passage. |
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