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Opponents say SB 11 47 would undermine recently negotiated statewide financial-literacy course

California State Senate Committee on Appropriations · May 11, 2026
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Summary

Supporters and opponents clashed at the Senate Appropriations Committee hearing over SB 11 47: sponsor representatives said the bill is a policy choice for financial education, while NextGen Financial and Junior Achievement argued it would undercut AB 2927s uniform course and pose equity risks in under-resourced districts.

SB 11 47, a measure before the Senate Committee on Appropriations, drew both support and opposition at todays hearing. Matt Patton of the California Agricultural Teachers Association testified in support of the bill. "Junior Achievement opposes SB 11 47" said Chris Marshall later in testimony, but the primary contest came from opponents who said the bill would undermine a recent statewide agreement.

Bob Giroux, representing…

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