Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2024 |
referred to education |
May 09, 2023 |
print number 4860a |
May 09, 2023 |
amend (t) and recommit to education |
Feb 16, 2023 |
referred to education |
Senate Bill S4860A
2023-2024 Legislative Session
Sponsored By
(D) 14th Senate District
Current Bill Status - In Senate Committee Education 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
Actions
Bill Amendments
co-Sponsors
(D, WF) 56th Senate District
(R, C) 60th Senate District
(D, WF) Senate District
(D) 20th Senate District
2023-S4860 - Details
- See Assembly Version of this Bill:
- A2298
- Current Committee:
- Senate Education
- Law Section:
- Education Law
- Laws Affected:
- Add §802-b, Ed L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S6345
2011-2012: S1525
2013-2014: S3040
2015-2016: S2899
2017-2018: S8460
2019-2020: S2400
2021-2022: S5827, A7220
2023-S4860 - Sponsor Memo
BILL NUMBER: S4860 SPONSOR: COMRIE TITLE OF BILL: An act to amend the education law, in relation to requiring senior high schools to provide a course in financial literacy and requiring students to complete such course as a condition of graduation PURPOSE OR GENERAL IDEA OF BILL: To require high school students to take a pass a pass/fail course on financial literacy as a requirement for graduation. SUMMARY OF PROVISIONS: Section 1 amends the Education Law by adding a new section 802-b that directs the Commissioner of Education to provide and proscribe a course on financial literacy for high school seniors. The course will be taught on a pass or fail basis and shall not affect the student's grade point average.
2023-S4860 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4860 2023-2024 Regular Sessions I N S E N A T E February 16, 2023 ___________ Introduced by Sens. COMRIE, COONEY -- read twice and ordered printed, and when printed to be committed to the Committee on Education AN ACT to amend the education law, in relation to requiring senior high schools to provide a course in financial literacy and requiring students to complete such course as a condition of graduation THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The education law is amended by adding a new section 802-b to read as follows: § 802-B. INSTRUCTION RELATING TO FINANCIAL LITERACY. 1. THE COMMIS- SIONER IS HEREBY DIRECTED TO PROVIDE AND PRESCRIBE A COURSE OF INSTRUC- TION ON FINANCIAL LITERACY FOR SENIOR HIGH SCHOOL STUDENTS WHICH SHALL INCLUDE, BUT NOT BE LIMITED TO THE TEACHING OF PERSONAL BUDGETING, WAGES AND TAXES, SELF-EMPLOYMENT, SAVINGS AND INVESTMENTS (STOCKS, BONDS AND MUTUAL FUNDS), DEBT MANAGEMENT, CHECKING ACCOUNTS, CREDIT CARDS, CREDIT SCORES, SAVING FOR EDUCATION AND RETIREMENT, INSURANCE, RIGHTS AND OBLI- GATIONS AS A TENANT, BASIC CONCEPTS ON BORROWING INCLUDING THE PURCHAS- ING OF AUTOMOBILES AND HOMES, BENEFITS AND DRAWBACKS OF LEASING AND/OR PURCHASING OF AUTOMOBILES, AND THE BENEFITS AND DRAWBACKS OF RENTING AND/OR PURCHASING A HOME. THE COURSE SHALL BE TAUGHT ON A PASS/FAIL BASIS AND SHALL NOT AFFECT THE STUDENT'S GRADE POINT AVERAGE. 2. SCHOOL AUTHORITIES SHALL PROVIDE THE NEEDED FACILITIES, TIME AND PLACE FOR THE INSTRUCTION SET FORTH IN THIS SECTION AND SHALL PROVIDE LEARNING AIDS AND CURRICULUM RESOURCE MATERIALS WHICH CONTRIBUTE TO EFFECTIVE TEACHING METHODS AND LEARNING. 3. AS A CONDITION OF GRADUATION FROM SENIOR HIGH SCHOOL, A STUDENT SHALL ATTEND AND PASS THE COURSE ON FINANCIAL LITERACY; PROVIDED, HOWEV- ER, THAT WITH RESPECT TO STUDENTS WHO HAVE INDIVIDUAL EDUCATION PLANS, THE COMPLETION OF SUCH COURSE SHALL NOT BE A REQUIREMENT FOR GRADUATION IF IT IS NOT SPECIFICALLY INCLUDED AS A REQUIREMENT IN THE STUDENT'S INDIVIDUAL EDUCATION PLAN RECOMMENDED BY THE SCHOOL DISTRICT COMMITTEE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02171-01-3
co-Sponsors
(D) 15th Senate District
(D, WF) 56th Senate District
(D) 34th Senate District
(R, C) 60th Senate District
2023-S4860A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A2298
- Current Committee:
- Senate Education
- Law Section:
- Education Law
- Laws Affected:
- Add §802-b, Ed L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S6345
2011-2012: S1525
2013-2014: S3040
2015-2016: S2899
2017-2018: S8460
2019-2020: S2400
2021-2022: S5827, A7220
2023-S4860A (ACTIVE) - Sponsor Memo
BILL NUMBER: S4860A SPONSOR: COMRIE TITLE OF BILL: An act to amend the education law, in relation to requiring high schools to provide a course in financial literacy and requiring students to complete such course as a condition of graduation PURPOSE OR GENERAL IDEA OF BILL: To require high school students to take a pass a pass/fail course on financial literacy as a requirement for graduation. SUMMARY OF PROVISIONS: Section 1 amends the Education Law by adding a new section 802-b that directs the Commissioner of Education to provide and proscribe a course on financial literacy for high school seniors. The course will be taught on a pass or fail basis and shall not affect the student's grade point average.
2023-S4860A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4860--A 2023-2024 Regular Sessions I N S E N A T E February 16, 2023 ___________ Introduced by Sens. COMRIE, COONEY, GALLIVAN, KENNEDY, MYRIE, SEPULVEDA, THOMAS -- read twice and ordered printed, and when printed to be committed to the Committee on Education -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the education law, in relation to requiring high schools to provide a course in financial literacy and requiring students to complete such course as a condition of graduation THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The education law is amended by adding a new section 802-b to read as follows: § 802-B. INSTRUCTION RELATING TO FINANCIAL LITERACY. 1. THE COMMIS- SIONER IS HEREBY DIRECTED TO PROVIDE AND PRESCRIBE A COURSE OF INSTRUC- TION ON FINANCIAL LITERACY FOR HIGH SCHOOL STUDENTS IN GRADES NINE THROUGH TWELVE WHICH SHALL INCLUDE, BUT NOT BE LIMITED TO THE TEACHING OF PERSONAL BUDGETING, WAGES AND TAXES, SELF-EMPLOYMENT, SAVINGS AND INVESTMENTS (STOCKS, BONDS AND MUTUAL FUNDS), DEBT MANAGEMENT, CHECKING ACCOUNTS, CREDIT CARDS, CREDIT SCORES, SAVING FOR EDUCATION AND RETIRE- MENT, INSURANCE, RIGHTS AND OBLIGATIONS AS A TENANT, BASIC CONCEPTS ON BORROWING INCLUDING THE PURCHASING OF AUTOMOBILES AND HOMES, BENEFITS AND DRAWBACKS OF LEASING AND/OR PURCHASING OF AUTOMOBILES, AND THE BENE- FITS AND DRAWBACKS OF RENTING AND/OR PURCHASING A HOME. THE COURSE SHALL BE TAUGHT ON A PASS/FAIL BASIS AND SHALL NOT AFFECT THE STUDENT'S GRADE POINT AVERAGE. 2. SCHOOL AUTHORITIES SHALL PROVIDE THE NEEDED FACILITIES, TIME AND PLACE FOR THE INSTRUCTION SET FORTH IN THIS SECTION AND SHALL PROVIDE LEARNING AIDS AND CURRICULUM RESOURCE MATERIALS WHICH CONTRIBUTE TO EFFECTIVE TEACHING METHODS AND LEARNING. 3. AS A CONDITION OF GRADUATION FROM HIGH SCHOOL, A STUDENT SHALL ATTEND AND PASS THE COURSE ON FINANCIAL LITERACY; PROVIDED, HOWEVER, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02171-02-3
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