Assembly Bill A4684

2019-2020 Legislative Session

Provides that juniors and seniors at secondary schools must take a financial literacy and personal finances course

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

multi-Sponsors

2019-A4684 (ACTIVE) - Details

See Senate Version of this Bill:
S2400
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §305, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: S6345
2011-2012: A9802, S1525
2013-2014: A4142, A1505, S3040
2015-2016: A9238, S2899
2017-2018: A4620, S8460
2021-2022: S5827
2023-2024: S4860

2019-A4684 (ACTIVE) - Summary

Provides that juniors and seniors at secondary schools must take a financial literacy and personal finances course.

2019-A4684 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4684
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 5, 2019
                                ___________
 
 Introduced   by   M.  of  A.  BLAKE,  BICHOTTE,  COOK,  HEVESI,  HUNTER,
   PEOPLES-STOKES, RICHARDSON, STECK, TITUS, VANEL -- Multi-Sponsored  by
   --  M.  of A.  ABBATE, HYNDMAN, SIMON -- read once and referred to the
   Committee on Education
 
 AN ACT to amend the education law, in relation  to  requiring  secondary
   school students to complete a financial literacy and personal finances
   course
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 305 of the education law is amended by adding a new
 subdivision 57 to read as follows:
   57. THE COMMISSIONER IS AUTHORIZED AND DIRECTED TO DEVELOP  A  CONCISE
 COURSE  OF  INSTRUCTION IN FINANCIAL LITERACY AND PERSONAL FINANCES, AND
 REQUIRE THAT SUCH COURSE BE COMPLETED BY PUPILS  IN  GRADES  ELEVEN  AND
 TWELVE.  SUCH COURSE OF INSTRUCTION MAY BE INCORPORATED INTO OTHER CLASS
 WORK OR COURSES OF INSTRUCTION PROVIDED TO SUCH  PUPILS.  THE  FINANCIAL
 LITERACY  COURSE  MAY INCLUDE, BUT NEED NOT BE LIMITED TO INSTRUCTION ON
 USING CHECKING AND SAVINGS ACCOUNTS, OBTAINING SHORT OR LONG TERM  CRED-
 IT,  SECURING  A  LOAN  FOR HIGH COST ITEMS SUCH AS A MOTOR VEHICLE OR A
 HOME, OBTAINING AND USING CREDIT AND DEBIT CARDS, INVESTING  AND  SAVING
 MONEY, AND PLANNING FOR RETIREMENT.
   §  2.  This  act  shall  take  effect on the first of September in the
 calendar year commencing after the date it shall have become a law;  and
 the  commissioner of education is immediately authorized and directed to
 promulgate, amend and/or repeal any rules and regulations  necessary  to
 implement the provisions of this act on its effective date.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08695-01-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.