By: Davis S.B. No. 114
A BILL TO BE ENTITLED
AN ACT
relating to the expansion of the financial literacy pilot program
in public schools.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 29.915, Education Code, is amended by
amending Subsection (d) and adding Subsection (f) to read as
follows:
(d) The agency shall develop an application and selection
process for selecting school districts to participate in the
program. The agency may select not more than 100 [25] school
districts to participate in the program.
(f) Not later than January 1, 2013, the agency shall provide
each member of the legislature with a report relating to the
implementation and effectiveness of the program. This subsection
expires February 1, 2013.
SECTION 2. This act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2011.