S.B.
61
FINANCIAL LITERACY EDUCATION
senate floor
Amendments
Amendment 2 February 6, 2008 10:39 am
Senator Howard A. Stephenson
proposes the following amendments:
1. Page
2, Lines 40 through 42
:
40
(1) As used in this section, "financial
and economic
literacy passport" means a document that
tracks
41
mastery of financial
and economic
literacy concepts and completion of financial
and
economic
activities, including the
42
following:
2. Page
2, Line 56 through Page 3, Line 86
:
56
(m) negative financial consequences of gambling;
{
and
}
57
(n) bankruptcy
{
.
}
;
(o) free markets;
(p) supply and demand;
(q) monetary policy; and
(r) effective business plan creation, including using economic analysis in creating a plan.
58
(2) The State Board of Education shall:
59
(a) in cooperation with interested private and non-profit entities:
60
(i) develop a financial
and economic
literacy passport that students may elect to complete;
61
(ii) develop methods of encouraging parent and educator involvement in completion of
62
the financial
and economic
literacy passport; and
63
(iii) develop and implement appropriate recognition and incentives for students who
64
complete the financial
and economic
literacy passport, including
:
(A) a financial and economic literacy endorsement on the student's diploma of graduation;
(B) a specific designation on the student's official transcript; and
(C) any
incentives offered by community partners;
65
(b) more fully integrate S. existing and new .S financial
and economic
literacy education into
65a
instruction in kindergarten
66
through twelfth grade by:
67
(i) coordinating financial
and economic
literacy instruction with existing instruction in other core
68
curriculum areas such as mathematics and social studies;
69
(ii) using curriculum mapping;
70
(iii) creating training materials and staff development programs that:
71
(A) highlight areas of potential coordination between financial
and economic
literacy education
and
72
other core curriculum concepts; and
73
(B) demonstrate specific examples of financial
and economic
literacy concepts as a way of
teaching
74
other core curriculum concepts; and
75
(iv) using appropriate financial
and economic
literacy assessments to improve financial
and
economic
literacy
76
education and, if necessary, developing assessments;
77
(c) work with interested private and non-profit entities to S. [coordinate] .S :
78
(i) S. coordinate .S school use of existing financial
and economic
literacy education resources;
78a
S. (ii) develop simple, clear, and consistent messaging to reinforce and link existing financial
and
economic
78b
literacy resources; .S and
79
S. [(ii)] (iii) coordinate the efforts of school, work, private, non-profit, and other
79a
financial
and economic
education providers in implementing .S methods of appropriately
communicating to
79b
students and parents key financial
and economic
80
literacy messages; and
81
(d) in accordance with Title 63, Chapter 46a, Utah Administrative Rulemaking Act,
82
make rules to develop guidelines and methods for school districts and charter schools to more
83
fully integrate financial
and economic
literacy education into other core curriculum courses.
84
(3) The state superintendent shall annually report to the Education Interim Committee
85
by November of each year on the successes and areas of needed improvement in financial
and economic
86
literacy education provided pursuant to this section.
3. Page
4, Lines 99 through 101
:
99
Uniform School Fund for fiscal year 2008-09 to the State Board of Education for staff
100
development and assessments in financial
and economic
literacy as provided by Subsection
101
53A-13-110
(2)(b); and
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sb0061.sfa.02.wpd
LRGC
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