Bill Text: TX HB2662 | 2013-2014 | 83rd Legislature | Enrolled


Bill Title: Relating to a personal financial literacy credit for high school programs.

Spectrum: Slight Partisan Bill (Republican 35-17)

Status: (Passed) 2013-06-14 - Effective immediately [HB2662 Detail]

Download: Texas-2013-HB2662-Enrolled.html
 
 
  H.B. No. 2662
 
 
 
 
AN ACT
  relating to a personal financial literacy credit for high school
  programs.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 28.002(a), Education Code, is amended to
  read as follows:
         (a)  Each school district that offers kindergarten through
  grade 12 shall offer, as a required curriculum:
               (1)  a foundation curriculum that includes:
                     (A)  English language arts;
                     (B)  mathematics;
                     (C)  science; and
                     (D)  social studies, consisting of Texas, United
  States, and world history, government, economics, with emphasis on
  the free enterprise system and its benefits, and geography; and
               (2)  an enrichment curriculum that includes:
                     (A)  to the extent possible, languages other than
  English;
                     (B)  health, with emphasis on the importance of
  proper nutrition and exercise;
                     (C)  physical education;
                     (D)  fine arts;
                     (E)  career and technology education;
                     (F)  technology applications; [and]
                     (G)  religious literature, including the Hebrew
  Scriptures (Old Testament) and New Testament, and its impact on
  history and literature; and
                     (H)  personal financial literacy.
         SECTION 2.  Section 28.0021(a), Education Code, as amended
  by Chapters 214 (H.B. 34) and 885 (S.B. 290), Acts of the 82nd
  Legislature, Regular Session, 2011, is reenacted and amended to
  read as follows:
         (a)  The Texas essential knowledge and skills and, as
  applicable, Section 28.025 shall include [require] instruction in
  personal financial literacy, including instruction in methods of
  paying for college and other postsecondary education and training,
  in:
               (1)  mathematics instruction in kindergarten through
  grade eight; and
               (2)  one or more courses offered [required] for high
  school graduation.
         SECTION 3.  Sections 28.0021(b) and (c), Education Code, are
  amended to read as follows:
         (b)  Each school district and each open-enrollment charter
  school that offers a high school program shall provide an elective
  course [to a student instruction] in personal financial literacy
  that meets [in any course meeting] the requirements for a one-half
  elective [an economics] credit under Section 28.025, using
  materials approved by the State Board of Education.  The
  instruction in personal financial literacy must include
  instruction on completing the application for federal student aid
  provided by the United States Department of Education.  In
  fulfilling the requirement to provide financial literacy
  instruction under this section, a school district or
  open-enrollment charter school may use an existing state, federal,
  private, or nonprofit program that provides students without charge
  the instruction described under this section. [Each district and
  each open-enrollment charter school that offers a high school
  program shall ensure that a district or charter school student
  enrolled at an institution of higher education in a dual credit
  course meeting the requirements for an economics credit under
  Section 28.025 receives the instruction described under this
  subsection.]
         (c)  The State Board of Education shall, not later than
  January 31, 2012, identify the essential knowledge and skills of
  personal financial literacy instruction to include instruction in
  methods of paying for college and other postsecondary education and
  training and shall, not later than August 31, 2012, approve under
  Subsection (b) materials that provide for such
  instruction.  Beginning with the 2013-2014 school year, each
  school district and each open-enrollment charter school that offers
  a high school program shall include, in the elective course
  [required instruction] in personal financial literacy, instruction
  in methods of paying for college and other postsecondary education
  and training and use materials approved for that purpose under
  Subsection (b) [and shall ensure that the instruction described
  under this subsection is provided to a district or charter school
  student enrolled at an institution of higher education in a dual
  credit course meeting the requirements for an economics
  credit].  This subsection expires September 1, 2014.
         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.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2013.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 2662 was passed by the House on May 2,
  2013, by the following vote:  Yeas 146, Nays 1, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 2662 was passed by the Senate on May
  20, 2013, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor       
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