Senator Wright, District 14 — Press Release
FOR IMMEDIATE RELEASE
April 5, 2017
Senator Hukill's Personal Financial Literacy Education Act for Students Passes Committees
Senator Dorothy L. Hukill (R-Port Orange) has passed Senate Bill 392 the Personal Financial Literacy Education Act for Students through all of the referenced committees with unanimous support.
Senator Hukill’s legislation will require high school students to take a half-credit, full-semester course in personal financial literacy education as a graduation requirement. Sound financial management skills are vitally important to all Floridians and especially to our students preparing for adulthood. Preparing them with the knowledge to achieve financial stability and independence is imperative.
The Personal Financial Literacy Education Act will require the following:
- Florida High School students will be required to take a personal financial literacy course as a half-credit core requirement, full-semester course, during grades 9-12.
- The curriculum will include instruction on money management, spending and credit, insurance, taxes and income.
“A required personal finance course will prepare our high school students heading to college or entering the work force with the tools and insight they need to be well-equipped to handle their personal finances,” said Senator Hukill. “Sound financial management skills are vitally important to all Floridians and especially to our students preparing for adulthood.”
“Once a student graduates their success will no longer be defined by GPA or participation in extracurricular activities, but by financial security and independence as an individual in the work force,” said UCF Student - Emily Dovydaitis. “Students need education extending beyond academia, particularly on real world issues surrounding financial literacy.”
The bill will next be heard on the Senate floor by the full Senate.
Senator Hukill has also filed Senate Resolution 1820 to recognize April as Financial Literacy Month in order to highlight the importance of financial literacy and teaching financial knowledge, skills and confidence.
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ATTACHED: SB 392 Personal Financial Literacy Education Act for Students Bill Language & SR 1820 Financial Literacy