Date	Chamber	Action
3/10/2023	Senate	Rule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance

105 ILCS 5/27-12.1

from Ch. 122, par. 27-12.1

105 ILCS 5/27-22

from Ch. 122, par. 27-22

Synopsis As Introduced
Amends the Courses of Study Article of the School Code. Instead of requiring consumer education to be taught and studied, provides that beginning with pupils entering the 9th grade in the 2024-2025 school year, pupils in the public schools in grade 11 or 12 shall be taught and be required to complete a stand-alone, one-semester or equivalent course covering personal finance, which shall include, but is not limited to, instruction covering behavioral economics; banking and bill payment; investing; types of credit; managing credit; including credit scores; paying for college; insurance; taxes; budgeting; consumer skills; retirement planning, including tax-advantaged retirement plans; home ownership and financing; and personal transportation, including car ownership and leasing. Provides that the State Board of Education shall devise or approve the personal finance education standards for the course. Provides that the school board shall oversee implementation of the personal finance course for each high school student prior to graduation. Specifies the oversight duties of the school board. In provisions regarding required high school courses, provides that the personal finance education course may be counted toward the fulfillment of other graduation requirements. Makes other changes.

Actions 

Date	Chamber	Action
2/3/2023	Senate	Filed with Secretary by Sen. Kimberly A. Lightford
2/3/2023	Senate	First Reading
2/3/2023	Senate	Referred to Assignments
2/14/2023	Senate	Assigned to Education
2/22/2023	Senate	Postponed - Education
3/8/2023	Senate	Postponed - Education
3/10/2023	Senate	Rule 3-9(a) / Re-referred to Assignments

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