| 1 | 1 | | FIRSTREGULARSESSION |
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| 2 | 2 | | HOUSEBILLNO.1180 |
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| 3 | 3 | | 103RDGENERALASSEMBLY |
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| 4 | 4 | | INTRODUCEDBYREPRESENTATIVEOEHLERKING. |
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| 5 | 5 | | 2607H.01I JOSEPHENGLER,ChiefClerk |
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| 6 | 6 | | ANACT |
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| 7 | 7 | | Toamendchapter170,RSMo,byaddingtheretoonenewsectionrelatingtopersonalfinance |
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| 8 | 8 | | curriculuminschools. |
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| 9 | 9 | | BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows: |
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| 10 | 10 | | SectionA.Chapter170,RSMo,isamendedbyaddingtheretoonenewsection,tobe |
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| 11 | 11 | | 2knownassection170.281,toreadasfollows: |
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| 12 | 12 | | 170.281.1.Asusedinthissection,"personalfinance"meansacourseconsisting |
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| 13 | 13 | | 2offinancialliteracyandup-to-datetools,resources,anddisciplinenecessarytosucceed |
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| 14 | 14 | | 3inapersonalandprofessionalcapacityinthecurrenteconomy. |
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| 15 | 15 | | 4 2.(1)Thedepartmentofelementaryandsecondaryeducationshallconvenea |
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| 16 | 16 | | 5workgrouptodevelopandrecommendacademicperformancestandardsrelatingtothe |
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| 17 | 17 | | 6one-halfunitofcreditofpersonalfinancerequiredbythestateboardofeducation.The |
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| 18 | 18 | | 7workgroupshallinclude,butnotbelimitedto: |
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| 19 | 19 | | 8 (a)Educatorsprovidinginstructioninpersonalfinance; |
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| 20 | 20 | | 9 (b)Arepresentativefromthedepartmentofelementaryandsecondary |
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| 21 | 21 | | 10education;and |
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| 22 | 22 | | 11 (c)Uptotworepresentativesfromeachofthefollowing: |
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| 23 | 23 | | 12 a.Thebankingindustry; |
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| 24 | 24 | | 13 b.Entrepreneursinthebusinesscommunity; |
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| 25 | 25 | | 14 c.Nonprofitorganizationsthatfocusoneducatingyoungprofessionalsand |
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| 26 | 26 | | 15entrepreneurs; |
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| 27 | 27 | | 16 d.Theinvestmentindustry; |
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| 28 | 28 | | 17 e.Thestudentloanindustry; |
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| 29 | 29 | | EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis |
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| 30 | 30 | | intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 18 f.Theretirementplanningindustry;and |
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| 31 | 31 | | 19 g.Theinsuranceindustry. |
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| 32 | 32 | | 20 (2)Thetotalnumberofmembersoftheworkgroupshallbedeterminedbythe |
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| 33 | 33 | | 21department.Atleasttwenty-fivepercentofthetotalshallbeeducatorsproviding |
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| 34 | 34 | | 22instructioninpersonalfinance. |
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| 35 | 35 | | 23 3.Thestateboardofeducationshalladoptandimplementacademic |
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| 36 | 36 | | 24performancestandardsrelatingtopersonalfinanceforthe2026-27schoolyearand |
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| 37 | 37 | | 25allsubsequentschoolyears,exceptthatacademicperformancestandardsrelatingto |
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| 38 | 38 | | 26personalfinanceshallbereviewedeverysevenyearstodetermineiftheperformance |
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| 39 | 39 | | 27standardsneedtobeupdatedtoreflecttrendsandbestpracticesinthecurrent |
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| 40 | 40 | | 28economy. |
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| 41 | 41 | | 29 4.(1)Forthe2026-27schoolyearandallsubsequentschoolyears,eachschool |
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| 42 | 42 | | 30districtshallrequirethatafterthecompletionofgradenineeachstudentsatisfactorily |
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| 43 | 43 | | 31completessuchone-halfunitofcreditofpersonalfinancebeforereceivingahighschool |
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| 44 | 44 | | 32diplomaorcertificateofgraduation. |
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| 45 | 45 | | 33 (2)Aschooldistrictmayelecttowaivetherequirementsofsubdivision(1)ofthis |
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| 46 | 46 | | 34subsectionforastudentwhotransfersfromoutsidethestatetoaMissourihighschoolif |
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| 47 | 47 | | 35thestudentcanfurnishdocumentationdeemedacceptablebytheschooldistrictofthe |
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| 48 | 48 | | 36student'ssuccessfulcompletionofasubstantiallysimilarcourseofinstruction. |
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| 49 | 49 | | 37 (3)Aschooldistrictmayallowastudentingradeninetocompletesuchone-half |
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| 50 | 50 | | 38unitofcreditofpersonalfinanceif,ontherecommendationofaschoolcounselor, |
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| 51 | 51 | | 39completingsuchone-halfunitofcreditofpersonalfinanceisbeneficialandappropriate |
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| 52 | 52 | | 40forsuchstudent'spersonalplanofstudyorcareeracademicplan. |
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| 53 | 53 | | 41 5.Therequirementsofsection160.514shallnotapplytothissection. |
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| 54 | 54 | | âś” |
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| 55 | 55 | | HB1180 2 |
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