- April 24, 2024
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State Senator Dorothy Hukill's Bill 88, which would require high schoolers to take a course in financial literacy, is one step closer to becoming law.
The bill was unanimously passed through all the referenced Senate committees on Wednesday, Dec. 6.
The bill will be heard on the Senate floor for a vote and, if passed, would take effect July 1, 2018. This would put into law that high school students must take one half-credit course in personal financial literacy during grades 9 through 12 beginning in the 2018-2019 school year.
According to a press release, the legislation is "aimed to equip high school students with the knowledge of basic principles of money management such as, but not limited to: spending and managing debt, opening and managing a bank account, savings and investing, simple contracts, computing federal income taxes and contesting an incorrect billing statement."
If the bill becomes law, Florida would become the sixth state in the nation to require a standalone course in personal financial literacy.
