Bill Text: NJ A3396 | 2016-2017 | Regular Session | Amended

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Bill Title: Requires financial literacy instruction to pupils enrolled in grades kindergarten through eight.

Spectrum: Partisan Bill (Democrat 10-0)

Status: (Enrolled - Dead) 2018-01-08 - Passed Senate (Passed Both Houses) (33-0) [A3396 Detail]

Download: New_Jersey-2016-A3396-Amended.html

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[First Reprint]

ASSEMBLY, No. 3396

STATE OF NEW JERSEY

217th LEGISLATURE

 

INTRODUCED MARCH 3, 2016

 

 

Sponsored by:

Assemblywoman  ANGELA V. MCKNIGHT

District 31 (Hudson)

Assemblyman  NICHOLAS CHIARAVALLOTI

District 31 (Hudson)

Assemblywoman  ELIANA PINTOR MARIN

District 29 (Essex)

Assemblyman  JAMEL C. HOLLEY

District 20 (Union)

Assemblyman  BENJIE E. WIMBERLY

District 35 (Bergen and Passaic)

Assemblywoman  ANNETTE QUIJANO

District 20 (Union)

 

 

 

 

SYNOPSIS

     Requires financial literacy instruction to pupils enrolled in grades kindergarten through eight.

 

CURRENT VERSION OF TEXT

     As amended by the General Assembly on October 7, 2016.

  

An Act concerning public school instruction on financial literacy and supplementing chapter 35 of Title 18A of the New Jersey Statutes.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    The State Board of Education shall require that a school district ¹[provide] incorporate¹ in each of the grades kindergarten through eight financial literacy instruction to pupils enrolled in those grades.  The purpose of the instruction shall be to provide elementary and middle school students with the basic financial literacy necessary for sound financial decision-making.

     The instruction shall meet the requirements established by the State board and shall:

     a.     be appropriate to, and reflect the age and comprehension of, the students enrolled in the particular grade level; and

     b.    include content on budgeting, savings, credit, debt, insurance, investment, and other issues associated with personal financial responsibility as determined by the State board.

     The State board shall provide school districts with curriculum and sample instructional materials that may be used to support the implementation of the financial literacy instruction requirement.

 

     2.    This act shall take effect immediately and shall first be applicable to the first full school year following enactment.