Illinois General Assembly - Bill Status for HB0157
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 Bill Status of HB0157  102nd General Assembly


House Sponsors
Rep. Daniel Didech

Last Action
DateChamber Action
  1/22/2021HouseReferred to Rules Committee

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 2021-2022 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.

DateChamber Action
  1/14/2021HouseFiled with the Clerk by Rep. Daniel Didech
  1/22/2021HouseFirst Reading
  1/22/2021HouseReferred to Rules Committee

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