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