Bill Text: CT SB00359 | 2012 | General Assembly | Introduced

Connecticut Senate Bill 359 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: An Act Concerning Financial Literacy.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2012-04-24 - Referred by Senate to Committee on Education [SB00359 Detail]

Download: Connecticut-2012-SB00359-Introduced.html


General Assembly		*Raised Bill No. 359*
*February Session, 2012*		LCO No. 1722
		01722_______BA_
Referred to Committee on Banks
Introduced by:
(BA)

AN ACT CONCERNING FINANCIAL LITERACY.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective July 1, 2012) (a) The Department of Education and the Board of Regents for Higher Education, in consultation with the Department of Banking, shall develop a plan to ensure that each student of a public high school or a constituent unit, as defined in section 10a-1 of the general statutes, receives instruction in financial literacy. Such instruction shall be in alignment with the curriculum guidelines approved by the State Board of Education.

(b) The Department of Education and the Board of Regents for Higher Education shall work with the Department of Banking to leverage any available federal, state or private funds to implement the plan developed pursuant to subsection (a) of this section.

(c) Not later than January 1, 2013, the Commissioner of Education, president of the Board of Regents for Higher Education and Banking Commissioner shall report to the joint standing committee of the General Assembly having cognizance of matters relating to banks on the plan developed pursuant to subsection (a) of this section.


This act shall take effect as follows and shall amend the following sections:
Section 1	July 1, 2012	New section

Statement of Purpose:

To ensure that students of public high schools and public institutions of higher education in this state receive instruction in financial literacy.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]