1 | 1 | | 81R1551 JRJ-D |
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2 | 2 | | By: Solomons H.B. No. 1153 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to expanding the public high school curriculum to promote |
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8 | 8 | | personal financial literacy. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Section 28.0021, Education Code, is amended to |
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11 | 11 | | read as follows: |
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12 | 12 | | Sec. 28.0021. PERSONAL FINANCIAL LITERACY. (a) The Texas |
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13 | 13 | | essential knowledge and skills and Section 28.025 shall require |
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14 | 14 | | instruction in personal financial literacy offered in the ninth or |
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15 | 15 | | tenth grade in one or more courses required for high school |
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16 | 16 | | graduation. |
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17 | 17 | | (b) School districts and open-enrollment charter schools |
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18 | 18 | | shall incorporate instruction in personal financial literacy into |
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19 | 19 | | any course meeting a requirement for a mathematics or [an] |
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20 | 20 | | economics credit under Section 28.025, using materials approved by |
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21 | 21 | | the board. The materials must include instruction on: |
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22 | 22 | | (1) the types of bank accounts available to consumers |
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23 | 23 | | and the benefits of maintaining a bank account; |
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24 | 24 | | (2) balancing a check book; |
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25 | 25 | | (3) determining credit scores and the manner in which |
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26 | 26 | | credit scores are used; |
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27 | 27 | | (4) issues associated with the use of debit and credit |
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28 | 28 | | cards, including avoiding and eliminating credit card debt; |
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29 | 29 | | (5) understanding the rights and responsibilities of |
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30 | 30 | | renting or buying a home; |
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31 | 31 | | (6) managing money to make the transition from renting |
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32 | 32 | | a home to home ownership; |
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33 | 33 | | (7) starting a small business; |
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34 | 34 | | (8) being a prudent investor in the stock market and |
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35 | 35 | | using other investment options; |
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36 | 36 | | (9) beginning a savings program; |
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37 | 37 | | (10) bankruptcy; and |
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38 | 38 | | (11) the types of loans available to consumers, |
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39 | 39 | | including mortgage loans and motor vehicle loans, and becoming a |
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40 | 40 | | low-risk borrower. |
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41 | 41 | | (c) [School districts and open-enrollment charter schools |
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42 | 42 | | shall comply with Subsection (b) beginning with the 2006-2007 |
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43 | 43 | | school year.] The board shall adopt essential knowledge and skills |
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44 | 44 | | for a course including the requirements of Subsection (b) [(a)] not |
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45 | 45 | | later than the 2010-2011 [2008-2009] school year. This subsection |
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46 | 46 | | expires September 1, 2011 [and Subsection (b) expire September 1, |
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47 | 47 | | 2009]. |
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48 | 48 | | (d) School districts and open-enrollment charter schools |
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49 | 49 | | shall offer an intensive one-week course that incorporates the |
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50 | 50 | | instruction in personal financial literacy required by this |
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51 | 51 | | section. The course must be offered to students who drop out of |
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52 | 52 | | school and who have not otherwise completed a course under this |
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53 | 53 | | section. |
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54 | 54 | | SECTION 2. Section 39.023(c), Education Code, is amended to |
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55 | 55 | | read as follows: |
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56 | 56 | | (c) The agency shall also adopt end-of-course assessment |
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57 | 57 | | instruments for secondary-level courses in Algebra I, Algebra II, |
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58 | 58 | | geometry, a course that includes instruction in personal financial |
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59 | 59 | | literacy, biology, chemistry, physics, English I, English II, |
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60 | 60 | | English III, world geography, world history, and United States |
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61 | 61 | | history. The Algebra I, Algebra II, and geometry end-of-course |
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62 | 62 | | assessment instruments and any end-of-course assessment instrument |
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63 | 63 | | for a course that includes instruction in personal financial |
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64 | 64 | | literacy must be administered with the aid of technology. A school |
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65 | 65 | | district shall comply with State Board of Education rules regarding |
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66 | 66 | | administration of the assessment instruments listed in this |
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67 | 67 | | subsection and shall adopt a policy that requires a student's |
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68 | 68 | | performance on an end-of-course assessment instrument for a course |
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69 | 69 | | listed in this subsection in which the student is enrolled to |
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70 | 70 | | account for 15 percent of the student's final grade for the course. |
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71 | 71 | | If a student retakes an end-of-course assessment instrument for a |
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72 | 72 | | course listed in this subsection, as provided by Section 39.025, a |
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73 | 73 | | school district is not required to use the student's performance on |
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74 | 74 | | the subsequent administration or administrations of the assessment |
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75 | 75 | | instrument to determine the student's final grade for the course. |
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76 | 76 | | If a student is in a special education program under Subchapter A, |
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77 | 77 | | Chapter 29, the student's admission, review, and dismissal |
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78 | 78 | | committee shall determine whether any allowable modification is |
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79 | 79 | | necessary in administering to the student an assessment instrument |
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80 | 80 | | required under this subsection or whether the student should be |
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81 | 81 | | exempted under Section 39.027(a)(2). The State Board of Education |
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82 | 82 | | shall administer the assessment instruments. The State Board of |
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83 | 83 | | Education shall adopt a schedule for the administration of |
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84 | 84 | | end-of-course assessment instruments that complies with the |
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85 | 85 | | requirements of Subsection (c-3). |
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86 | 86 | | SECTION 3. Section 39.025(f), Education Code, is amended to |
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87 | 87 | | read as follows: |
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88 | 88 | | (f) The commissioner shall by rule adopt a transition plan |
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89 | 89 | | to implement the amendments made by S.B. No. 1031, Acts of the 80th |
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90 | 90 | | Legislature, Regular Session, 2007, to this section and Sections |
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91 | 91 | | 39.023(a) and (c) and 39.051(b)(5) and by _.B. No. __, Acts of the |
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92 | 92 | | 81st Legislature, Regular Session, 2009, to Section |
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93 | 93 | | 39.023(c). The rules must provide for the end-of-course |
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94 | 94 | | assessment instruments adopted under Section 39.023(c) to be |
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95 | 95 | | administered beginning with students entering the ninth grade |
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96 | 96 | | during the 2011-2012 school year. During the period under which |
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97 | 97 | | the transition to end-of-course assessment instruments is made: |
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98 | 98 | | (1) for students entering a grade above the ninth |
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99 | 99 | | grade during the 2011-2012 school year, the commissioner shall |
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100 | 100 | | retain, administer, and use for campus and district ratings under |
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101 | 101 | | Subchapter D the assessment instruments required by Section |
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102 | 102 | | 39.023(a) or (c), as that section existed before amendment by S.B. |
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103 | 103 | | No. 1031, Acts of the 80th Legislature, Regular Session, 2007; and |
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104 | 104 | | (2) the agency may defer releasing assessment |
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105 | 105 | | instrument questions and answer keys as required by Section |
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106 | 106 | | 39.023(e) to the extent necessary to develop additional assessment |
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107 | 107 | | instruments. |
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108 | 108 | | SECTION 4. Section 39.051(d), Education Code, is amended to |
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109 | 109 | | read as follows: |
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110 | 110 | | (d) Annually, the commissioner shall define exemplary, |
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111 | 111 | | recognized, and unacceptable performance for each academic |
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112 | 112 | | excellence indicator included under Subsections (b)(1) through (7) |
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113 | 113 | | and shall project the standards for each of those levels of |
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114 | 114 | | performance for succeeding years. For the indicator under |
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115 | 115 | | Subsection (b)(8), the commissioner shall define exemplary, |
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116 | 116 | | recognized, and unacceptable performance based on student |
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117 | 117 | | performance for the period covering both the current and preceding |
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118 | 118 | | academic years. In defining exemplary, recognized, and |
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119 | 119 | | unacceptable performance for the indicators under Subsections |
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120 | 120 | | (b)(2) and (4), the commissioner may not consider as a dropout or as |
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121 | 121 | | a student who has failed to attend school: |
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122 | 122 | | (1) a student whose failure to attend school results |
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123 | 123 | | from: |
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124 | 124 | | (A) [(1)] the student's expulsion under Section |
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125 | 125 | | 37.007; and |
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126 | 126 | | (B) [(2)] as applicable: |
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127 | 127 | | (i) [(A)] adjudication as having engaged in |
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128 | 128 | | delinquent conduct or conduct indicating a need for supervision, as |
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129 | 129 | | defined by Section 51.03, Family Code; or |
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130 | 130 | | (ii) [(B)] conviction of and sentencing for |
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131 | 131 | | an offense under the Penal Code; or |
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132 | 132 | | (2) a student who completes a course offered under |
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133 | 133 | | Section 28.0021(d). |
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134 | 134 | | SECTION 5. The change in law made by Section 28.0021(a), |
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135 | 135 | | Education Code, as amended by this Act, applies beginning with |
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136 | 136 | | students entering the ninth grade during the 2009-2010 school year. |
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137 | 137 | | Students who entered the ninth grade before the 2009-2010 school |
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138 | 138 | | year are governed by the law in effect at the time the students |
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139 | 139 | | entered the ninth grade, and the former law is continued in effect |
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140 | 140 | | for that purpose. |
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141 | 141 | | SECTION 6. This Act applies beginning with the 2009-2010 |
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142 | 142 | | school year. |
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143 | 143 | | SECTION 7. This Act takes effect immediately if it receives |
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144 | 144 | | a vote of two-thirds of all the members elected to each house, as |
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145 | 145 | | provided by Section 39, Article III, Texas Constitution. If this |
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146 | 146 | | Act does not receive the vote necessary for immediate effect, this |
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147 | 147 | | Act takes effect September 1, 2009. |
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