EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. [Brackets] indicate matter deleted from existing law. *hb0326* HOUSE BILL 326 F1 5lr1308 CF 5lr1249 By: Delegate Forbes Introduced and read first time: January 10, 2025 Assigned to: Ways and Means A BILL ENTITLED AN ACT concerning 1 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 successful completion of certain financial literacy courses to be applied 4 toward fulfillment of the student service hours high school graduation requirement 5 for a 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 2024 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 F OLLOWING 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 INSTITU TION OF HIGHER EDUCA TION; 22 2 HOUSE BILL 326 (II) OFFERED BY AN ORGANIZ ATION APPROVED B Y 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 2026–2027 SCHOOL YEAR , EACH COUNTY BOARD 6 SHALL ALLOW SUCCESSF UL COMPLETION OF AN ELIGIBLE FINAN CIAL LITERACY 7 COURSE TO BE APPLIED TOWARD FULFILLMENT O F THE STUDENT SERVIC E HOURS 8 HIGH SCHOOL GRADUATI ON REQUIREMENT FOR T HE NUMBER OF HOURS 9 DETERMINED BY THE CO UNTY BOARD. 10 (C) THE STATE BOARD SHALL ADOPT REG ULATIONS TO CARRY OU T THIS 11 SECTION. 12 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 13 1, 2025. 14