By: Alvarado, et al. S.B. No. 1063
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to courses in personal financial literacy & economics for
  high school students in public schools.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 28.025, Education Code, is amended by
  amending Subsection (b-1) and adding Subsections (b-22) and (b-23)
  to read as follows:
         (b-1)  The State Board of Education by rule shall require
  that the curriculum requirements for the foundation high school
  program under Subsection (a) include a requirement that students
  successfully complete:
               (1)  four credits in English language arts under
  Section 28.002(a)(1)(A), including one credit in English I, one
  credit in English II, one credit in English III, and one credit in
  an advanced English course authorized under Subsection (b-2);
               (2)  three credits in mathematics under Section
  28.002(a)(1)(B), including one credit in Algebra I, one credit in
  geometry, and one credit in any advanced mathematics course
  authorized under Subsection (b-2);
               (3)  three credits in science under Section
  28.002(a)(1)(C), including one credit in biology, one credit in any
  advanced science course authorized under Subsection (b-2), and one
  credit in integrated physics and chemistry or in an additional
  advanced science course authorized under Subsection (b-2);
               (4)  three credits in social studies under Section
  28.002(a)(1)(D), including one credit in United States history, at
  least one-half credit in government and at least one-half credit in
  economics or personal financial literacy & economics, and one
  credit in world geography or world history;
               (5)  except as provided under Subsections (b-12),
  (b-13), and (b-14), two credits in the same language in a language
  other than English under Section 28.002(a)(2)(A);
               (6)  five elective credits;
               (7)  one credit in fine arts under Section
  28.002(a)(2)(D); and
               (8)  except as provided by Subsection (b-11), one
  credit in physical education under Section 28.002(a)(2)(C).
         (b-22)  In adopting rules under Subsection (b-1), the State
  Board of Education shall ensure that a personal financial literacy &
  economics course taken to comply with the curriculum requirement
  under Subsection (b-1)(4) allocates:
               (1)  two-thirds of instruction time to instruction in
  personal financial literacy; and
               (2)  one-third of instruction time to instruction in
  economics.
         (b-23)  The agency shall:
               (1)  develop a list of free, open-source, and publicly
  available curricula that may be used by a school district to provide
  a personal financial literacy & economics course that satisfies the
  curriculum requirement under Subsection (b-1)(4); and
               (2)  seek, accept, and spend any federal or private
  grant funds and gifts that are available for the purpose of
  providing a personal financial literacy & economics course as part
  of the foundation high school program.
         SECTION 2.  This Act applies beginning with the 2022-2023
  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, 2021.