Senate Study Bill 1029 - IntroducedA Bill ForAn Act 1relating to a financial literacy requirement under the
2state’s educational standards.
3BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1   Section 1.  Section 256.11, subsection 5, paragraph k,
2unnumbered paragraph 1, as enacted by 2018 Iowa Acts, chapter
31119, section 20, as amended by 2018 Iowa Acts, chapter 1163,
4section 10, is amended to read as follows:
   5One-half unit of personal finance literacy. All students,
6beginning with the students in the 2022-2023 school year
7graduating class,
shall complete at least one-half unit of
8personal finance literacy as a condition of graduation.
9EXPLANATION
10The inclusion of this explanation does not constitute agreement with
11the explanation’s substance by the members of the general assembly.
   12This bill establishes that the requirement that all high
13school students enrolled in school districts and accredited
14nonpublic schools take a one-half unit course in personal
15finance literacy, as a condition of graduation, commences with
16the students in the 2022-2023 school year graduating class.
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