Session Law

Identifying Information:L. 2003 ch. 039
Other Identifying Information:2003 Senate Bill 74*
Tax Type:Other
Brief Description:An Act concerning schools; relating to the powers and duties of the state board ofeducation; relating to personal financial literacy programs.
Keywords:


Body:

CHAPTER 39

SENATE BILL No. 74*

An Act concerning schools; relating to the powers and duties of the state board of

education; relating to personal financial literacy programs.


Be it enacted by the Legislature of the State of Kansas:

Section 1. (a) 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 state board of education

shall authorize and assist in the implementation of programs on teaching

personal financial literacy. The components of personal financial literacy

covered in the program shall include, but not be limited to, consumer

financial education, personal finance and personal credit.

(b) The state board of education shall develop a curriculum, materials

and guidelines that local boards of education and governing authorities

of accredited nonpublic schools may use in implementing the program of

instruction on personal financial literacy.

(c) The state board of education shall develop standards and objec-

tives for personal financial literacy, for all grade levels, within the existing

mathematics curriculum or another appropriate subject-matter curricu-

lum.

(d) The state board of education shall encourage school districts when

selecting textbooks for mathematics, economics or similar courses, to se-

lect those textbooks which contain substantive provisions on personal fi-

nance, including personal budgeting, credit, debt management and sim-

ilar personal financial topics.

Sec. 2. This act shall take effect and be in force from and after its

publication in the statute book.

Approved April 10, 2002.


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Date Composed: 10/29/2003 Date Modified: 10/29/2003