Bill Status of HB4571 102nd General Assembly
Short Description: SCH CD-FINANCIAL LITERACY
Rep. David A. Welter
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Finance Act and the Courses of Study Article of the School Code. Renames the Financial Literacy Fund the High School Financial Literacy Fund. With respect to consumer education, provides that, beginning with the 2024-2025 school year, a school district shall require an individual to have a professional educator license with a validation in financial literacy to provide financial literacy instruction, unless the individual holds a professional educator license with an endorsement in social studies, family and consumer sciences, or business education. Sets forth provisions concerning the validation. With respect to the 3 years of mathematics required to receive a high school diploma, provides that a one semester course on financial literacy instruction may count toward one semester of mathematics, unless a pupil counts an Advanced Placement computer science course toward the 3 years of mathematics. Effective immediately.