TITLE: Relating to requirements for a personal financial literacy component in the public high school curriculum.

SUMMARY: Relating to requirements for a personal financial literacy component in the public high school curriculum.

FULL TEXT:
AN ACT relating to requirements for a personal financial literacy component in the public high school curriculum. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 28.0021(a), Education Code, is amended to read as follows: (a) The [Texas] essential knowledge and skills and Section 28.025 shall require instruction in personal financial literacy in all secondary-level mathematics [one or more] courses required for high school graduation. SECTION 2. Section 39.023, Education Code, is amended by adding Subsection (c-7) to read as follows: (c-7) An end-of-course assessment instrument for Algebra I, Algebra II, or geometry must include a personal financial literacy component. SECTION 3. (a) The State Board of Education shall adopt rules relating to instruction of personal financial literacy in all secondary-level mathematics courses in accordance with Section 28.0021, Education Code, as amended by this Act, not later than September 1, 2011. (b) An end-of-course examination in Algebra I, Algebra II, and geometry must include a personal financial literacy component as required by Section 39.023(c-7), Education Code, as added by this Act, beginning with the 2011-2012 school year. SECTION 4. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution.