Kentucky
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House Bill 342

Actions | Amendments
Last Action 03/24/25: signed by Governor (Acts Ch. 58)
Title AN ACT relating to financial literacy.
Bill Documents Acts Chapter 58
Current/Final
Introduced
Bill Request Number 179
Sponsors M. Meredith, S. Bratcher, B. Chester-Burton, D. Elliott, K. Fleming, V. Grossl, S. Stalker
Summary of Enacted Version Amends KRS 158.1411 to require one credit in financial literacy for students entering grade nine during or after the 2026-2027 school year; directs minimum topics to be covered in the course; directs that the financial literacy course be accepted as an elective course graduation requirement; requires local superintendents, in consultation with the local board of education, school-based decision council, and principal, to determine curricula for course offerings; allows local districts to consult with the Kentucky Financial Empowerment Commission; and requires the Department of Education to identify through the system for uniform academic course codes which courses meet the requirements for the financial literacy course.
Legislative History
Summary of Original Version Amend KRS 158.1411 to require one credit in financial literacy during the eleventh or twelfth grade for students entering grade nine during or after the 2026-2027 school year; direct minimum topics to be covered in the course; direct that the financial literacy course be accepted as a math, social studies, or elective course graduation requirement; require the Department of Education, in collaboration with the Kentucky Financial Empowerment Commission, to determine which courses meet the financial literacy course requirement.
Index Headings of Original Version Education, Elementary and Secondary - Financial literacy course, graduation requirement
Financial Responsibility - Graduation requirement, financial literacy course
State Agencies - Department of Education, financial literacy course, graduation requirements
Boards and Commissions - Financial Empowerment Commission, financial literacy course, requirements
Jump to Proposed Amendments Senate Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
02/05/25
  • introduced in House
  • to Committee on Committees (H)
02/07/25
  • to Primary and Secondary Education (H)
02/26/25
  • reported favorably, 1st reading, to Calendar
02/27/25
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Friday, February 28, 2025
03/04/25
  • 3rd reading, passed 98-0
03/05/25
  • received in Senate
  • to Committee on Committees (S)
03/07/25
  • to Education (S)
03/11/25
  • taken from Education (S)
  • 1st reading
  • returned to Education (S)
03/12/25
  • taken from Education (S)
  • 2nd reading
  • returned to Education (S)
03/13/25
  • reported favorably, to Rules with Committee Substitute (1)
03/14/25
  • posted for passage in the Regular Orders of the Day for Friday, March 14, 2025
  • 3rd reading, passed 36-0 with Committee Substitute (1)
  • received in House
  • to Rules (H)
  • posted for passage for concurrence in Senate Committee Substitute (1)
  • House concurred in Senate Committee Substitute (1)
  • passed 89-0
  • enrolled, signed by Speaker of the House
  • enrolled, signed by President of the Senate
  • delivered to Governor
03/24/25
  • signed by Governor (Acts Ch. 58)

Proposed Amendments

Top | Actions
Amendment Senate Committee Substitute 1
Summary Retain original provisions, except remove the requirement that the financial literacy course be taken in the 11th or 12th grade; remove the requirement that the financial literacy course be accepted as meeting a math or social studies credit; include instruction on the critical review of documents and the ability to provide a signature in cursive.
Index Headings Education, Elementary and Secondary - Financial literacy course, graduation requirement
Financial Responsibility - Graduation requirement, financial literacy course

Last updated: 7/24/2025 3:26 PM (EDT)