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H.B. 77

This document includes House Committee Amendments incorporated into the bill on Fri, Feb 21, 2003 at 2:11 PM by kholt. -->              1     

HIGH SCHOOL GRADUATION REQUIREMENTS

             2     
- FINANCIAL LITERACY

             3     
2003 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Sponsor: David L. Hogue

             6      This act modifies the State System of Public Education by requiring the State Board of
             7      Education to include .5 units of financial literacy credit in its graduation requirements.
             8      This act affects sections of Utah Code Annotated 1953 as follows:
             9      ENACTS:
             10          53A-13-108, Utah Code Annotated 1953
             11      Be it enacted by the Legislature of the state of Utah:
             12          Section 1. Section 53A-13-108 is enacted to read:
             13          53A-13-108. Instruction in financial literacy.
             14          (1) The State Board of Education shall establish curriculum and graduation
             15      requirements under Section 53A-1-402 that include .5 units of credit in financial literacy.
             16          (2) That instruction shall stress general financial literacy from basic budgeting to
             17      financial investments, including h [ bankruptcy education ] THE USE OF CREDIT, DEBT
             17a      MANAGEMENT, AND PERSONAL FINANCIAL RESPONSIBILITY h .




Legislative Review Note
    as of 1-7-03 3:14 PM


A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel


*HB0077*

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