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Senate advances optional K–12 'financial literacy passport' with small implementation appropriation
Summary
Senator Jones introduced S.B. 61 to create an optional K–12 financial literacy 'passport' tracking mastery of budgeting, banking, credit, taxes and related skills. Sponsor said the bill includes a fiscal note of $100,000 ongoing and $150,000 one‑time; the Senate advanced the bill for third reading after sponsor remarks.
Senator Jones, sponsor of S.B. 61, told the Senate the bill creates an optional financial literacy passport that students could follow from kindergarten through grade 12 and that the State Board of Education would coordinate creation of curriculum, assessments and staff development in partnership with private and nonprofit groups. "This passport is optional and over the next year...we wanted to put…
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