HB 27 House Committee Report

Relating to courses in personal financial literacy for high school students in public schools. 

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A BILL TO BE ENTITLED

 

AN ACT

 

relating to courses in personal financial literacy 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 Subsections (b-1) and (b-23) and adding Subsection (b-24)

 

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 economics, 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-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.

 

       (b-24)  In adopting rules under Subsection (b-1), the State

 

Board of Education shall allow a student to comply with the

 

curriculum requirement under Subsection (b-1)(4) for a one-half

 

credit in personal financial literacy by successfully completing an

 

advanced placement course designated by the State Board of

 

Education as containing substantively similar and rigorous

 

academic content.

 

       SECTION 2.  Section 28.025(b-22), Education Code, is

 

repealed.

 

       SECTION 3.  Section 28.025(b-1), Education Code, as amended

 

by this Act, applies only to students entering the ninth grade

 

during the 2025-2026 school year or a later school year.  For

 

students entering a grade above ninth grade during the 2025-2026

 

school year, Section 28.025(b-1), Education Code, as that section

 

existed before amendment by this Act, applies, and that section is

 

continued in effect for that purpose.

 

       SECTION 4.  This Act applies beginning with the 2025-2026

 

school year.

 

       SECTION 5.  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, 2025. 

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