California 2019-2020 Regular Session

California Assembly Bill AB2187 Latest Draft

Bill / Amended Version Filed 03/09/2020

                            Amended IN  Assembly  March 09, 2020 CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 2187Introduced by Assembly Member CunninghamFebruary 11, 2020 An act to add Section 51225.9 to the Education Code, relating to pupil instruction. LEGISLATIVE COUNSEL'S DIGESTAB 2187, as amended, Cunningham. Pupil instruction: financial literacy.Existing law requires each pupil completing grade 12 to satisfy certain requirements as a condition of receiving a diploma of graduation from high school. These requirements include the completion of designated coursework in grades 9 to 12, inclusive, including, among others, a one-semester course in economics. Existing law authorizes a governing board of a school district to adopt other coursework requirements.This bill would authorize a school district or charter school to incorporate a financial literacy program with a specified curriculum into an economics course offered by the local educational agency. agency, and would authorize the curriculum for the financial literacy program to include specified topics. The bill would authorize a local educational agency that chooses to establish the financial literacy program to collaborate with a financial institution, as defined, at no cost to the local educational agency.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 51225.9 is added to the Education Code, to read:51225.9. (a) Commencing with the 202122 school year, a local educational agency may incorporate a financial literacy program into an economics course offered to satisfy the requirement of subparagraph (D) of paragraph (1) of subdivision (a) of Section 51225.3. The local educational agency may collaborate with a financial institution to establish the financial literacy program, at no cost to the local educational agency. In providing the financial literacy program, a local educational agency may use guest speakers or a presentation-type format.(b) The curriculum for the financial literacy program authorized in subdivision (a) shall may include, but is not limited to, topics listed in paragraphs (1) to (11), inclusive, of subdivision (a) of Section 51284.5.(c) For purposes of this section, the following definitions apply: (1) Financial institution means any bank, savings bank, savings and loan association, or credit union established under the laws of the United States or of any state thereof.(2) Local educational agency means a school district or charter school.(d) This section does not supersede the requirements of Section 51225.3.

 Amended IN  Assembly  March 09, 2020 CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION Assembly Bill No. 2187Introduced by Assembly Member CunninghamFebruary 11, 2020 An act to add Section 51225.9 to the Education Code, relating to pupil instruction. LEGISLATIVE COUNSEL'S DIGESTAB 2187, as amended, Cunningham. Pupil instruction: financial literacy.Existing law requires each pupil completing grade 12 to satisfy certain requirements as a condition of receiving a diploma of graduation from high school. These requirements include the completion of designated coursework in grades 9 to 12, inclusive, including, among others, a one-semester course in economics. Existing law authorizes a governing board of a school district to adopt other coursework requirements.This bill would authorize a school district or charter school to incorporate a financial literacy program with a specified curriculum into an economics course offered by the local educational agency. agency, and would authorize the curriculum for the financial literacy program to include specified topics. The bill would authorize a local educational agency that chooses to establish the financial literacy program to collaborate with a financial institution, as defined, at no cost to the local educational agency.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO 

 Amended IN  Assembly  March 09, 2020

Amended IN  Assembly  March 09, 2020

 CALIFORNIA LEGISLATURE 20192020 REGULAR SESSION

 Assembly Bill 

No. 2187

Introduced by Assembly Member CunninghamFebruary 11, 2020

Introduced by Assembly Member Cunningham
February 11, 2020

 An act to add Section 51225.9 to the Education Code, relating to pupil instruction. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

AB 2187, as amended, Cunningham. Pupil instruction: financial literacy.

Existing law requires each pupil completing grade 12 to satisfy certain requirements as a condition of receiving a diploma of graduation from high school. These requirements include the completion of designated coursework in grades 9 to 12, inclusive, including, among others, a one-semester course in economics. Existing law authorizes a governing board of a school district to adopt other coursework requirements.This bill would authorize a school district or charter school to incorporate a financial literacy program with a specified curriculum into an economics course offered by the local educational agency. agency, and would authorize the curriculum for the financial literacy program to include specified topics. The bill would authorize a local educational agency that chooses to establish the financial literacy program to collaborate with a financial institution, as defined, at no cost to the local educational agency.

Existing law requires each pupil completing grade 12 to satisfy certain requirements as a condition of receiving a diploma of graduation from high school. These requirements include the completion of designated coursework in grades 9 to 12, inclusive, including, among others, a one-semester course in economics. Existing law authorizes a governing board of a school district to adopt other coursework requirements.

This bill would authorize a school district or charter school to incorporate a financial literacy program with a specified curriculum into an economics course offered by the local educational agency. agency, and would authorize the curriculum for the financial literacy program to include specified topics. The bill would authorize a local educational agency that chooses to establish the financial literacy program to collaborate with a financial institution, as defined, at no cost to the local educational agency.

## Digest Key

## Bill Text

The people of the State of California do enact as follows:SECTION 1. Section 51225.9 is added to the Education Code, to read:51225.9. (a) Commencing with the 202122 school year, a local educational agency may incorporate a financial literacy program into an economics course offered to satisfy the requirement of subparagraph (D) of paragraph (1) of subdivision (a) of Section 51225.3. The local educational agency may collaborate with a financial institution to establish the financial literacy program, at no cost to the local educational agency. In providing the financial literacy program, a local educational agency may use guest speakers or a presentation-type format.(b) The curriculum for the financial literacy program authorized in subdivision (a) shall may include, but is not limited to, topics listed in paragraphs (1) to (11), inclusive, of subdivision (a) of Section 51284.5.(c) For purposes of this section, the following definitions apply: (1) Financial institution means any bank, savings bank, savings and loan association, or credit union established under the laws of the United States or of any state thereof.(2) Local educational agency means a school district or charter school.(d) This section does not supersede the requirements of Section 51225.3.

The people of the State of California do enact as follows:

## The people of the State of California do enact as follows:

SECTION 1. Section 51225.9 is added to the Education Code, to read:51225.9. (a) Commencing with the 202122 school year, a local educational agency may incorporate a financial literacy program into an economics course offered to satisfy the requirement of subparagraph (D) of paragraph (1) of subdivision (a) of Section 51225.3. The local educational agency may collaborate with a financial institution to establish the financial literacy program, at no cost to the local educational agency. In providing the financial literacy program, a local educational agency may use guest speakers or a presentation-type format.(b) The curriculum for the financial literacy program authorized in subdivision (a) shall may include, but is not limited to, topics listed in paragraphs (1) to (11), inclusive, of subdivision (a) of Section 51284.5.(c) For purposes of this section, the following definitions apply: (1) Financial institution means any bank, savings bank, savings and loan association, or credit union established under the laws of the United States or of any state thereof.(2) Local educational agency means a school district or charter school.(d) This section does not supersede the requirements of Section 51225.3.

SECTION 1. Section 51225.9 is added to the Education Code, to read:

### SECTION 1.

51225.9. (a) Commencing with the 202122 school year, a local educational agency may incorporate a financial literacy program into an economics course offered to satisfy the requirement of subparagraph (D) of paragraph (1) of subdivision (a) of Section 51225.3. The local educational agency may collaborate with a financial institution to establish the financial literacy program, at no cost to the local educational agency. In providing the financial literacy program, a local educational agency may use guest speakers or a presentation-type format.(b) The curriculum for the financial literacy program authorized in subdivision (a) shall may include, but is not limited to, topics listed in paragraphs (1) to (11), inclusive, of subdivision (a) of Section 51284.5.(c) For purposes of this section, the following definitions apply: (1) Financial institution means any bank, savings bank, savings and loan association, or credit union established under the laws of the United States or of any state thereof.(2) Local educational agency means a school district or charter school.(d) This section does not supersede the requirements of Section 51225.3.

51225.9. (a) Commencing with the 202122 school year, a local educational agency may incorporate a financial literacy program into an economics course offered to satisfy the requirement of subparagraph (D) of paragraph (1) of subdivision (a) of Section 51225.3. The local educational agency may collaborate with a financial institution to establish the financial literacy program, at no cost to the local educational agency. In providing the financial literacy program, a local educational agency may use guest speakers or a presentation-type format.(b) The curriculum for the financial literacy program authorized in subdivision (a) shall may include, but is not limited to, topics listed in paragraphs (1) to (11), inclusive, of subdivision (a) of Section 51284.5.(c) For purposes of this section, the following definitions apply: (1) Financial institution means any bank, savings bank, savings and loan association, or credit union established under the laws of the United States or of any state thereof.(2) Local educational agency means a school district or charter school.(d) This section does not supersede the requirements of Section 51225.3.

51225.9. (a) Commencing with the 202122 school year, a local educational agency may incorporate a financial literacy program into an economics course offered to satisfy the requirement of subparagraph (D) of paragraph (1) of subdivision (a) of Section 51225.3. The local educational agency may collaborate with a financial institution to establish the financial literacy program, at no cost to the local educational agency. In providing the financial literacy program, a local educational agency may use guest speakers or a presentation-type format.(b) The curriculum for the financial literacy program authorized in subdivision (a) shall may include, but is not limited to, topics listed in paragraphs (1) to (11), inclusive, of subdivision (a) of Section 51284.5.(c) For purposes of this section, the following definitions apply: (1) Financial institution means any bank, savings bank, savings and loan association, or credit union established under the laws of the United States or of any state thereof.(2) Local educational agency means a school district or charter school.(d) This section does not supersede the requirements of Section 51225.3.



51225.9. (a) Commencing with the 202122 school year, a local educational agency may incorporate a financial literacy program into an economics course offered to satisfy the requirement of subparagraph (D) of paragraph (1) of subdivision (a) of Section 51225.3. The local educational agency may collaborate with a financial institution to establish the financial literacy program, at no cost to the local educational agency. In providing the financial literacy program, a local educational agency may use guest speakers or a presentation-type format.

(b) The curriculum for the financial literacy program authorized in subdivision (a) shall may include, but is not limited to, topics listed in paragraphs (1) to (11), inclusive, of subdivision (a) of Section 51284.5.

(c) For purposes of this section, the following definitions apply:

 (1) Financial institution means any bank, savings bank, savings and loan association, or credit union established under the laws of the United States or of any state thereof.

(2) Local educational agency means a school district or charter school.

(d) This section does not supersede the requirements of Section 51225.3.