Texas 2019 - 86th Regular

Texas Senate Bill SB686 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	86R33134 MEW-D
2	1		By: Alvarado, et al. S.B. No. 686
3		-	(Goodwin, Talarico, Beckley, Capriglione, et al.)
4		-	Substitute the following for S.B. No. 686: No.
5	2
6	3
7	4		A BILL TO BE ENTITLED
8	5		AN ACT
9		-	relating to personal financial literacy ~~courses for high school~~
10		-	students in public schools.
	6	+	relating to courses in personal financial literacy and economics
	7	+	for high school students in public schools.
11	8		BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12		-	SECTION 1. Section 28.~~0021~~, Education Code, is amended by
13		-	amending Subsection (b) and adding Subsection (c) to read as
	9	+	SECTION 1. Section 28.025, Education Code, is amended by
	10	+	amending Subsection (b-1) and adding Subsection (b-24) to read as
14	11		follows:
15		-	(b) Each school district and each open-enrollment charter
16		-	school that offers a high school program shall provide a [an
17		-	elective] course in personal financial literacy that meets the
18		-	requirements for [a one-half elective] credit under Section 28.025,
19		-	using materials approved by the State Board of Education. The
20		-	course may be offered as a distinct course in personal financial
21		-	literacy or as an elective course or existing course that includes
22		-	instruction in personal financial literacy sufficient to meet the
23		-	requirements for one-half credit under Section 28.025(b-1)(4). The
24		-	instruction in personal financial literacy must include
25		-	instruction on:
26		-	(1) completing the application for federal student aid
27		-	provided by the United States Department of Education;
28		-	(2) the financial consequences of failing to make
29		-	timely student loan payments;
30		-	(3) the effect of student loan debt on a person's
31		-	finances; and
32		-	(4) the circumstances in which student loans are
33		-	dischargeable in bankruptcy.
34		-	(c) In fulfilling the requirement to provide financial
35		-	literacy instruction under this section, a school district or
36		-	open-enrollment charter school may use an existing state, federal,
37		-	private, or nonprofit program that provides students without charge
38		-	the instruction described under this section.
39		-	SECTION 2. Section 28.025(b-1), Education Code, is amended
40		-	to read as follows:
41	12		(b-1) The State Board of Education by rule shall require
42	13		that the curriculum requirements for the foundation high school
43	14		program under Subsection (a) include a requirement that students
44	15		successfully complete:
45	16		(1) four credits in English language arts under
46	17		Section 28.002(a)(1)(A), including one credit in English I, one
47	18		credit in English II, one credit in English III, and one credit in
48	19		an advanced English course authorized under Subsection (b-2);
49	20		(2) three credits in mathematics under Section
50	21		28.002(a)(1)(B), including one credit in Algebra I, one credit in
51	22		geometry, and one credit in any advanced mathematics course
52	23		authorized under Subsection (b-2);
53	24		(3) three credits in science under Section
54	25		28.002(a)(1)(C), including one credit in biology, one credit in any
55	26		advanced science course authorized under Subsection (b-2), and one
56	27		credit in integrated physics and chemistry or in an additional
57	28		advanced science course authorized under Subsection (b-2);
58	29		(4) three credits in social studies under Section
59	30		28.002(a)(1)(D), including one credit in United States history, at
60	31		least one-half credit in government and at least one-half credit in
61		-	economics or personal financial literacy, and one ~~credit in world~~
62		-	geography or world history;
	32	+	economics or personal financial literacy and economics, and one
	33	+	credit in world geography or world history;
63	34		(5) except as provided under Subsections (b-12),
64	35		(b-13), and (b-14), two credits in the same language in a language
65	36		other than English under Section 28.002(a)(2)(A);
66	37		(6) five elective credits;
67	38		(7) one credit in fine arts under Section
68	39		28.002(a)(2)(D); and
69	40		(8) except as provided by Subsection (b-11), one
70	41		credit in physical education under Section 28.002(a)(2)(C).
	42	+	(b-24) In adopting rules under Subsection (b-1), the State
	43	+	Board of Education shall ensure that a personal financial literacy
	44	+	and economics course taken to comply with the curriculum
	45	+	requirement under Subsection (b-1)(4) allocates:
	46	+	(1) two-thirds of instruction time to instruction in
	47	+	personal financial literacy; and
	48	+	(2) one-third of instruction time to instruction in
	49	+	economics.
	50	+	SECTION 2. This Act applies beginning with the 2020-2021
	51	+	school year.
71	52		SECTION 3. This Act takes effect immediately if it receives
72	53		a vote of two-thirds of all the members elected to each house, as
73	54		provided by Section 39, Article III, Texas Constitution. If this
74	55		Act does not receive the vote necessary for immediate effect, this
75	56		Act takes effect September 1, 2019.