S.B. No. 1063
AN ACT
relating to courses in personal financial literacy & economics for
high school students in public schools.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 28.025, Education Code, is amended by
amending Subsection (b-1) and adding Subsections (b-22) and (b-23)
to read as follows:
(b-1) The State Board of Education by rule shall require
that the curriculum requirements for the foundation high school
program under Subsection (a) include a requirement that students
successfully complete:
(1) four credits in English language arts under
Section 28.002(a)(1)(A), including one credit in English I, one
credit in English II, one credit in English III, and one credit in
an advanced English course authorized under Subsection (b-2);
(2) three credits in mathematics under Section
28.002(a)(1)(B), including one credit in Algebra I, one credit in
geometry, and one credit in any advanced mathematics course
authorized under Subsection (b-2);
(3) three credits in science under Section
28.002(a)(1)(C), including one credit in biology, one credit in any
advanced science course authorized under Subsection (b-2), and one
credit in integrated physics and chemistry or in an additional
advanced science course authorized under Subsection (b-2);
(4) three credits in social studies under Section
28.002(a)(1)(D), including one credit in United States history, at
least one-half credit in government and at least one-half credit in
economics or personal financial literacy & economics, and one
credit in world geography or world history;
(5) except as provided under Subsections (b-12),
(b-13), and (b-14), two credits in the same language in a language
other than English under Section 28.002(a)(2)(A);
(6) five elective credits;
(7) one credit in fine arts under Section
28.002(a)(2)(D); and
(8) except as provided by Subsection (b-11), one
credit in physical education under Section 28.002(a)(2)(C).
(b-22) In adopting rules under Subsection (b-1), the State
Board of Education shall ensure that a personal financial literacy &
economics course taken to comply with the curriculum requirement
under Subsection (b-1)(4) allocates:
(1) two-thirds of instruction time to instruction in
personal financial literacy; and
(2) one-third of instruction time to instruction in
economics.
(b-23) The agency shall:
(1) develop a list of free, open-source, and publicly
available curricula that may be used by a school district to provide
a personal financial literacy & economics course that satisfies the
curriculum requirement under Subsection (b-1)(4); and
(2) seek, accept, and spend any federal or private
grant funds and gifts that are available for the purpose of
providing a personal financial literacy & economics course as part
of the foundation high school program.
SECTION 2. This Act applies beginning with the 2022-2023
school year.
SECTION 3. 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, 2021.
______________________________ ______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 1063 passed the Senate on
April 19, 2021, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
I hereby certify that S.B. No. 1063 passed the House on
May 26, 2021, by the following vote: Yeas 142, Nays 5, two present
not voting.
______________________________
Chief Clerk of the House
Approved:
______________________________
Date
______________________________
Governor