House Bill 26-009

This act requires public high schools in San Andreas to provide financial literacy education as a graduation requirement. Implementation begins during the 2026–2027 academic year, with full compliance required by 2027–2028. Students must complete at least one-half academic credit or 60 instructional hours of financial literacy during grades nine through twelve and demonstrate competency through coursework, a project-based assessment, or an examination. Districts may offer financial literacy as a standalone semester course or incorporate the required instruction into existing economics, mathematics, or social studies courses.

This act directs the Department of Education to develop statewide curriculum standards covering budgeting, banking and savings, credit and loans, taxes, consumer protection, insurance, student loans, retirement planning, housing costs, employment benefits, and other essential financial skills. Students must receive practical experience through activities such as preparing a realistic personal budget and simulated state and federal income tax returns. Instruction must also address credit cards, predatory lending, debt collection, financial scams, consumer rights, entrepreneurship, financial aid applications, apprenticeship opportunities, military education benefits, and alternatives to traditional college degree programs.

This act allows school districts to adopt the state's model curriculum or develop their own equivalent programs meeting or exceeding state standards. The Department must provide instructional resources, implementation guidance, and professional development while ensuring materials are available to rural districts, online schools, and students with disabilities. Schools may work with community organizations and financial professionals, but instruction and partnerships must remain noncommercial and may not advertise, promote, or solicit specific financial products or services. Subject to appropriations, grants may also be provided to assist rural and under-resourced districts with curriculum development, materials, and teacher training.

Beginning January 1, 2027, the Department must submit annual reports to the Governor and General Assembly concerning implementation, student participation and completion, competency outcomes, improvements in financial literacy, disparities in access and outcomes, and recommendations for improving the program. Districts making good-faith implementation efforts may request a one-year extension when additional time is necessary for curriculum alignment or educator training. This act took effect July 1, 2026.