|to Education (H)
|AN ACT relating to financial literacy.
|Bill Request Number
|S. Brinkman, S. Westrom, R. Crimm, T. Riner, T. Thompson
|Summary of Original Version
|Create new sections of KRS Chapter 158 to require the Kentucky Department of Education to develop and implement the Kentucky Financial Literacy Program; permit school districts to utilize the program and program materials; require the program to include curricula, materials, and guidelines for financial literacy instruction aligned with state standards and designed to be included in courses currently offered in public schools; require the Kentucky Board of Education to adopt the curricula, materials, and guidelines for the program; set forth areas of financial literacy to be included in the program; establish the Kentucky financial literacy trust fund within the State Treasury; permit the fund to receive state appropriations, gifts, grants, federal funds, and any other funds, both public and private; identify permissible fund uses; require the Kentucky Board of Education to promulgate administrative regulations; require the Kentucky Department of Education to administer the trust fund; set forth investment options for unallocated or unencumbered balances and require that unused balances be carried forward; and establish that the fund shall be a trust and agency account available solely for the purpose and benefits of the Kentucky Financial Literacy Trust Program.
|Index Headings of Original Version
Administrative Regulations and Proceedings - Board of Education, Kentucky Financial Literacy Trust Fund, application and disbursal
Education, Elementary and Secondary - Kentucky Financial Literacy Program and Trust Fund, creation of
Education, Finance - Kentucky Financial Literacy Program and Trust Fund, creation of
Financial Responsibility - Kentucky Financial Literacy Program and Trust Fund, creation of
Last updated: 8/28/2019 8:09 AM (EDT)