New York A 8973: Requires public school students to take three financial literacy courses between sixth and twelfth grades

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
A08973 Summary:

BILL NOA08973 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORAlvarez

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §819, Ed L

&nbsp

Requires public school students to take three semester-long financial literacy courses between sixth and twelfth grades.

Go to top A08973 Actions:

BILL NOA08973 

&nbsp

08/13/2025referred to education

01/07/2026referred to education

Go to topA08973 Committee&nbspVotes:

Go to topA08973 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA08973 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8973

 2025-2026 Regular Sessions

 IN ASSEMBLY

 August 13, 2025
 ___________

 Introduced by M. of A. ALVAREZ -- read once and referred to the Commit-
 tee on Education

 AN ACT to amend the education law, in relation to requiring public
 school students to take three financial literacy courses between sixth
 and twelfth grades

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The education law is amended by adding a new section 819 to
 2 read as follows:
 3 § 819. Courses of study in financial literacy. 1. All public school
 4 students shall, within grades six, seven, eight, nine, ten, eleven, and
 5 twelve, complete three distinct semester-long courses of study in finan-
 6 cial literacy.
 7 2. The board of education or trustees of the school district is
 8 charged with developing and maintaining a financial literacy program
 9 which complies with the provisions of this section. Topics of such
 10 courses shall include, but not be limited to:
 11 a. an introductory financial literacy course, focused on core personal
 12 finance;
 13 b. investment, interest, credit card debt, student loans, credit
 14 scores, and related topics;
 15 c. local, state, and federal income tax;
 16 d. insurance, including medical, auto, home, and life insurance and
 17 related topics; and
 18 e. financial planning, saving, and goal-setting.
 19 3. The commissioner may prescribe from time to time a course of exer-
 20 cises and instruction in the subjects listed in subdivision two of this
 21 section, which shall be adopted and observed by the board of education
 22 or trustees of public school districts. Upon receipt of copies of such
 23 course sufficient in number to supply all the schools under their super-

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13550-01-5

 A. 8973 2

 1 vision, boards of education and trustees shall promptly provide each of
 2 the schools under their charge with a copy, and cause it to be observed.
 3 § 2. This act shall take effect on the first of July next succeeding
 4 the date on which it shall have become a law.

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps