Bill Text: TX HB980 | 2015-2016 | 84th Legislature | Introduced

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Bill Title: Relating to a personal financial literacy component in a statistics course offered for public high school graduation.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2015-03-02 - Referred to Public Education [HB980 Detail]

Download: Texas-2015-HB980-Introduced.html

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84R6991 KJE-F
By: Hernandez H.B. No. 980

A BILL TO BE ENTITLED
AN ACT
relating to a personal financial literacy component in a statistics
course offered for public high school graduation.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 28.0021, Education Code, is amended by
adding Subsection (d) to read as follows:
(d) If the State Board of Education approves a statistics
course as an advanced mathematics course as provided under Section
28.025(b-2), as amended by Chapter 211 (H.B. 5), Acts of the 83rd
Legislature, Regular Session, 2013, the course must include
instruction in personal financial literacy relating to:
(1) avoiding and eliminating credit card debt;
(2) being a prudent investor in the stock market and
using other investment options; and
(3) beginning a savings program and planning for
retirement.
SECTION 2. This Act applies beginning with the 2016-2017
school year.
SECTION 3. 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, 2015.