HLS 16RS-1076 ENGROSSED
2016 Regular Session
HOUSE BILL NO. 401
BY REPRESENTATIVE REYNOLDS
CURRICULA: Provides relative to instruction in personal financial education
1 AN ACT
2To amend and reenact R.S. 17:282.3(B)(1), relative to personal financial education; to
3 require public elementary or secondary schools to offer instruction in personal
4 financial management; and to provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 17:282.3(B)(1) is hereby amended and reenacted to read as follows:
7 ยง282.3. Personal financial education; instruction
8 * * *
9 B.(1) Any public elementary or secondary school may shall offer instruction
10 in personal financial management based on the concept of achieving financial
11 literacy through the teaching of personal management skills and the basic principles
12 involved with earning, spending, saving, and investing. Such instruction and subject
13 matter shall be integrated into an existing course of study.
14 * * *
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 16RS-1076 ENGROSSED
HB NO. 401
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 401 Engrossed 2016 Regular Session Reynolds
Abstract: Requires public elementary or secondary schools to offer instruction in personal
financial management.
Present law authorizes public elementary or secondary schools to offer instruction in
personal financial management based on the concept of achieving financial literacy through
the teaching of personal management skills and the basic principles involved with earning,
spending, saving, and investing.
Present law requires the State Bd. of Elementary and Secondary Education (BESE) to adopt
rules and guidelines for implementation of present law.
Proposed law requires, rather than authorizes, public elementary or secondary schools to
offer instruction in personal financial management; otherwise retains present law.
(Amends R.S. 17:282.3(B)(1))
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.