Bill Status of SB1661 101st General Assembly
Short Description: SCH CD-FINANCE TRAINING PROGRM
Sen. Dan McConchie - Kimberly A. Lightford
| 1/13/2021||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the School Code. Provides that, beginning with the 2020-2021 school year, a school district required to offer a consumer education course may form a partnership with a local financial institution to establish a financial training program for all students in grade 12, regardless of the student's prior academic history; defines "financial institution". Provides that the program must be limited to one hour of financial training per week during the student's final semester before graduation and must be provided by a financial institution at no cost to the school district. Provides that the curriculum for the program must include, but is not limited to, (i) properly investing early, (ii) managing debt, including student loan debt, and (iii) saving for retirement.
|Date||Chamber|| Action|| 2/15/2019||Senate||Filed with Secretary by Sen. Dan McConchie|| 2/15/2019||Senate||First Reading|| 2/15/2019||Senate||Referred to Assignments|| 2/27/2019||Senate||Assigned to Education|| 3/5/2019||Senate||Added as Chief Co-Sponsor Sen. Kimberly A. Lightford|| 3/20/2019||Senate||Postponed - Education|| 3/22/2019||Senate||Rule 2-10 Committee Deadline Established As March 28, 2019|| 3/28/2019||Senate||Rule 3-9(a) / Re-referred to Assignments|| 1/13/2021||Senate||Session Sine Die|