Florida Senate - 2017                          SENATOR AMENDMENT
       Bill No. CS for CS for SB 926
       
       
       
       
       
       
                                Ì654982IÎ654982                         
       
                              LEGISLATIVE ACTION                        
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       Senator Hukill moved the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 323 - 379
    4  and insert:
    5         Section 8. Sections 9 and 10 of this act may be cited as
    6  the “Dorothy L. Hukill Financial Literacy Education Act.”
    7         Section 9. Paragraph (d) of subsection (2) of section
    8  1003.41, Florida Statutes, is amended, and paragraph (f) is
    9  added to that subsection, to read:
   10         1003.41 Next Generation Sunshine State Standards.—
   11         (2) Next Generation Sunshine State Standards must meet the
   12  following requirements:
   13         (d) Social Studies standards must establish specific
   14  curricular content for, at a minimum, geography, United States
   15  and world history, government, civics, humanities, and
   16  economics, including financial literacy. Financial literacy
   17  includes the knowledge, understanding, skills, behaviors,
   18  attitudes, and values that will enable a student to make
   19  responsible and effective financial decisions on a daily basis.
   20  Financial literacy instruction shall be an integral part of
   21  instruction throughout the entire economics course and include
   22  information regarding earning income; buying goods and services;
   23  saving and financial investing; taxes; the use of credit and
   24  credit cards; budgeting and debt management, including student
   25  loans and secured loans; banking and financial services;
   26  planning for one’s financial future, including higher education
   27  and career planning; credit reports and scores; and fraud and
   28  identity theft prevention. The requirements for financial
   29  literacy specified under this paragraph do not apply to students
   30  entering grade 9 in the 2017-2018 school year and thereafter.
   31         (f) Effective for students entering grade 9 in the 2017
   32  2018 school year and thereafter, financial literacy standards
   33  must establish specific curricular content for, at a minimum,
   34  personal financial literacy and money management. Financial
   35  literacy includes instruction in the areas specified in s.
   36  1003.4282(3)(h).
   37         Section 10. Paragraphs (b), (d), (f), and (g) of subsection
   38  (3) of section 1003.4282, Florida Statutes, are amended,
   39  paragraph (h) is added to that subsection, and subsections (7)
   40  and (9) of that section are amended, to read:
   41         1003.4282 Requirements for a standard high school diploma.—
   42         (3) STANDARD HIGH SCHOOL DIPLOMA; COURSE AND ASSESSMENT
   43  REQUIREMENTS.—
   44         (b) Four credits in mathematics.—A student must earn one
   45  credit in Algebra I and one credit in Geometry. A student’s
   46  performance on the statewide, standardized Algebra I end-of
   47  course (EOC) assessment constitutes 30 percent of the student’s
   48  final course grade. A student must pass the statewide,
   49  standardized Algebra I EOC assessment, or earn a comparative
   50  score, in order to earn a standard high school diploma. A
   51  student must take one statewide, standardized Mathematics
   52  assessment in high school which must be Algebra I, Geometry, or
   53  Algebra II. A student’s performance on the statewide,
   54  standardized assessment Geometry EOC assessment constitutes 30
   55  percent of the student’s final course grade. If the state
   56  administers a statewide, standardized Algebra II assessment, a
   57  student selecting Algebra II must take the assessment, and the
   58  student’s performance on the assessment constitutes 30 percent
   59  of the student’s final course grade. A student who earns an
   60  industry certification for which there is a statewide college
   61  credit articulation agreement approved by the State Board of
   62  Education may substitute the certification for one mathematics
   63  credit. Substitution may occur for up to two mathematics
   64  credits, except for Algebra I and Geometry.
   65         (d) Three credits in social studies.—A student must earn
   66  one credit in United States History; one credit in World
   67  History; one-half credit in economics, which must include
   68  financial literacy; and one-half credit in United States
   69  Government. However, for a student entering grade 9 in the 2017
   70  2018 school year or thereafter, financial literacy is not a
   71  required component of the one-half credit in economics The
   72  United States History EOC assessment constitutes 30 percent of
   73  the student’s final course grade.
   74         (f) One credit in physical education.—Physical education
   75  must include the integration of health. Participation in an
   76  interscholastic sport at the junior varsity or varsity level for
   77  two full seasons shall satisfy the one-credit requirement in
   78  physical education if the student passes a competency test on
   79  personal fitness with a score of “C” or better. The competency
   80  test on personal fitness developed by the Department of
   81  Education must be used. A district school board may not require
   82  that the one credit in physical education be taken during the
   83  9th grade year. Completion of one semester with a grade of “C”
   84  or better in a marching band class, in a physical activity class
   85  that requires participation in marching band activities as an
   86  extracurricular activity, or in a dance class shall satisfy one
   87  half credit in physical education or one-half credit in
   88  performing arts. This credit may not be used to satisfy the
   89  personal fitness requirement or the requirement for adaptive
   90  physical education under an individual education plan (IEP) or
   91  504 plan. Completion of 2 years in a Reserve Officer Training
   92  Corps (R.O.T.C.) class, a significant component of which is
   93  drills, shall satisfy the one-credit requirement in physical
   94  education and the one-credit requirement in performing arts.
   95  This credit may not be used to satisfy the personal fitness
   96  requirement or the requirement for adaptive physical education
   97  under an IEP or 504 plan.
   98         (g) Eight Credits in Electives.—School districts must
   99  develop and offer coordinated electives so that a student may
  100  develop knowledge and skills in his or her area of interest,
  101  such as electives with a STEM or liberal arts focus. Such
  102  electives must include opportunities for students to earn
  103  college credit, including industry-certified career education
  104  programs or series of career-themed courses that result in
  105  industry certification or articulate into the award of college
  106  credit, or career education courses for which there is a
  107  statewide or local articulation agreement and which lead to
  108  college credit. A student entering grade 9 before the 2017-2018
  109  school year must earn eight credits in electives. A student
  110  entering grade 9 in the 2017-2018 school year or thereafter must
  111  earn seven and one-half credits in electives.
  112         (h) One-half credit in personal financial literacy.
  113  Beginning with students entering grade 9 in the 2017-2018 school
  114  year, each student shall earn one-half credit in personal
  115  financial literacy and money management. This instruction must
  116  include discussion of or instruction in the following:
  117         1. Types of bank accounts offered, opening and managing a
  118  bank account, and assessing the quality of a depository
  119  institution’s services.
  120         2. Balancing a checkbook.
  121         3. Basic principles of money management, such as spending,
  122  credit, credit scores, and managing debt, including retail and
  123  credit card debt.
  124         4. Completing a loan application.
  125         5. Receiving an inheritance and related implications.
  126         6. Basic principles of personal insurance policies.
  127         7. Computing federal income taxes.
  128         8. Local tax assessments.
  129         9. Computing interest rates by various mechanisms.
  130         10. Simple contracts.
  131         11. Contesting an incorrect billing statement.
  132         12. Types of savings and investments.
  133         13. State and federal laws concerning finance.
  134  
  135  ================= T I T L E  A M E N D M E N T ================
  136  And the title is amended as follows:
  137         Delete lines 31 - 37
  138  and insert:
  139         for certain high school credits; providing a short
  140         title; amending s. 1003.41, F.S.; revising the
  141         financial literacy requirements for the Next
  142         Generation Sunshine State Standards; amending s.
  143         1003.4282, F.S.; revising the mathematics and social
  144         studies requirements for a standard high school
  145         diploma; removing a requirement that a student
  146         participating in an interscholastic sport pass a
  147         competency test on personal fitness to satisfy the
  148         physical education credit requirement for high school
  149         graduation; revising the required credits for a
  150         standard high school diploma to seven and one-half,
  151         rather than eight, credits in electives and to include
  152         one-half credit of instruction in personal financial
  153         literacy and money management; deleting provisions
  154         requiring