Illinois General Assembly - Bill Status for HB3125

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Bill Status of HB3125 101st General Assembly

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Short Description: SCH CD-FINANCIAL LITERACY

House Sponsors
Rep. Justin Slaughter

Last Action

Date	Chamber	Action
1/13/2021	House	Session Sine Die

Statutes Amended In Order of Appearance

105 ILCS 5/27-12.5 new

Synopsis As Introduced
Amends the School Code. Provides that, beginning with the 2019-2010 school year, each school district maintaining any of grades 6 through 8 must include in its curriculum and require students in those grades to take a unit of instruction on financial literacy. Provides that the purpose of the instruction is to provide students with the basic financial literacy necessary for sound financial decision making and the instruction must include, but is not limited to, age-appropriate instruction on budgeting, savings, credit, debt, insurance, investments, and any other issues associated with personal financial responsibility. Requires the State Board of Education to prepare and make available to school boards instructional materials that may be used as guidelines for development of the unit of instruction. Effective immediately.

Actions

Date	Chamber	Action
2/15/2019	House	Filed with the Clerk by Rep. Justin Slaughter
2/15/2019	House	First Reading
2/15/2019	House	Referred to Rules Committee
3/5/2019	House	Assigned to Elementary & Secondary Education: School Curriculum & Policies Committee
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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