| 1 | 1 | | |
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| 2 | 2 | | |
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| 3 | 3 | | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. |
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| 4 | 4 | | [Brackets] indicate matter deleted from existing law. |
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| 5 | 5 | | *sb0638* |
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| 6 | 6 | | |
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| 7 | 7 | | SENATE BILL 638 |
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| 8 | 8 | | F1 4lr1301 |
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| 9 | 9 | | |
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| 10 | 10 | | By: Senators Brooks and Klausmeier |
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| 11 | 11 | | Introduced and read first time: January 29, 2024 |
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| 12 | 12 | | Assigned to: Education, Energy, and the Environment |
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| 13 | 13 | | |
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| 14 | 14 | | A BILL ENTITLED |
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| 15 | 15 | | |
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| 16 | 16 | | AN ACT concerning 1 |
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| 17 | 17 | | |
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| 18 | 18 | | Education – Student Service Hours – Financial Literacy Course 2 |
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| 19 | 19 | | |
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| 20 | 20 | | FOR the purpose of requiring each county board of education, beginning in a certain school 3 |
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| 21 | 21 | | year, to allow completion of certain financial literacy courses to be applied toward 4 |
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| 22 | 22 | | fulfillment of the student service hours high school graduation requirement for a 5 |
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| 23 | 23 | | certain number of hours; and generally relating to financial literacy courses and 6 |
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| 24 | 24 | | student service hours. 7 |
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| 25 | 25 | | |
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| 26 | 26 | | BY adding to 8 |
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| 27 | 27 | | Article – Education 9 |
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| 28 | 28 | | Section 7–213 10 |
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| 29 | 29 | | Annotated Code of Maryland 11 |
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| 30 | 30 | | (2022 Replacement Volume and 2023 Supplement) 12 |
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| 31 | 31 | | |
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| 32 | 32 | | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 13 |
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| 33 | 33 | | That the Laws of Maryland read as follows: 14 |
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| 34 | 34 | | |
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| 35 | 35 | | Article – Education 15 |
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| 36 | 36 | | |
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| 37 | 37 | | 7–213. 16 |
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| 38 | 38 | | |
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| 39 | 39 | | (A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS 17 |
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| 40 | 40 | | INDICATED. 18 |
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| 41 | 41 | | |
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| 42 | 42 | | (2) “ELIGIBLE FINANCIAL LI TERACY COURSE ” MEANS A COURSE 19 |
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| 43 | 43 | | THAT PROVIDES INSTRU CTIONAL CONTENT ON F INANCIAL LITERACY CO NCEPTS 20 |
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| 44 | 44 | | THAT IS: 21 |
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| 45 | 45 | | |
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| 46 | 46 | | (I) OFFERED AT AN INSTITUTION OF HIGHE R EDUCATION; 22 |
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| 47 | 47 | | 2 SENATE BILL 638 |
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| 48 | 48 | | |
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| 49 | 49 | | |
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| 50 | 50 | | (II) OFFERED BY AN ORGANIZ ATION APPROVED BY THE COUNTY 1 |
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| 51 | 51 | | BOARD; AND 2 |
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| 52 | 52 | | |
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| 53 | 53 | | (III) APPROVED BY THE COUNT Y BOARD. 3 |
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| 54 | 54 | | |
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| 55 | 55 | | (3) “INSTITUTION OF HIGHER EDUCATION” HAS THE MEANING 4 |
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| 56 | 56 | | STATED IN § 10–101 OF THIS ARTICLE. 5 |
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| 57 | 57 | | |
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| 58 | 58 | | (B) BEGINNING IN THE 2025–2026 SCHOOL YEAR , EACH COUNTY BOARD 6 |
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| 59 | 59 | | SHALL ALLOW SUCCESSFUL COMPLETION OF A N ELIGIBLE FINANCIAL LITERACY 7 |
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| 60 | 60 | | COURSE TO BE APPLIED TOWARD FULFILLMENT OF THE STUDENT SERVICE HOUR S 8 |
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| 61 | 61 | | HIGH SCHOOL GRADUATION REQUIREME NT FOR THE NUMBER OF HO URS 9 |
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| 62 | 62 | | DETERMINED BY THE CO UNTY BOARD. 10 |
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| 63 | 63 | | |
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| 64 | 64 | | (C) THE STATE BOARD SHALL ADOPT REGULATIONS TO CARRY OUT THIS 11 |
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| 65 | 65 | | SECTION. 12 |
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| 66 | 66 | | |
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| 67 | 67 | | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 13 |
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| 68 | 68 | | 1, 2024. 14 |
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