SENATE DOCKET, NO. 811        FILED ON: 1/18/2017

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 231

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Viriato M. deMacedo

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to financial literacy curriculum.

_______________

PETITION OF:

 

Name:

District/Address:

 

Viriato M. deMacedo

Plymouth and Barnstable

 

Donald F. Humason, Jr.

Second Hampden and Hampshire

1/31/2017

Thomas J. Calter

12th Plymouth

1/31/2017

Ryan C. Fattman

Worcester and Norfolk

2/2/2017

Josh S. Cutler

6th Plymouth

2/3/2017

Richard J. Ross

Norfolk, Bristol and Middlesex

10/18/2017


SENATE DOCKET, NO. 811        FILED ON: 1/18/2017

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 231

By Mr. deMacedo, a petition (accompanied by bill, Senate, No. 231) of Viriato M. deMacedo, Donald F. Humason, Jr., Thomas J. Calter, Ryan C. Fattman and others for legislation relative to mandating a curriculum in the public schools on personal financial literacy.  Education.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 258 OF 2015-2016.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

An Act relative to financial literacy curriculum.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Notwithstanding any general or special law to the contrary, the department of education shall authorize and assist in the implementation of programs to teach personal financial literacy in order to equip students with the knowledge and skills needed to become self-supporting and to enable students to make critical decisions regarding personal finances. The department shall develop a curriculum, materials and guidelines that local boards of education and governing authorities of accredited nonpublic schools shall use in implementing the program of instruction on personal financial literacy.  The department shall also develop standards and objectives for personal financial literacy for all grade levels within the existing math curriculum.