Bill Text: CA AB2546 | 2015-2016 | Regular Session | Chaptered

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Bill Title: Pupil instruction: history-social science curriculum framework: financial literacy.

Spectrum: Moderate Partisan Bill (Democrat 4-1)

Status: (Passed) 2016-09-25 - Chaptered by Secretary of State - Chapter 616, Statutes of 2016. [AB2546 Detail]

Download: California-2015-AB2546-Chaptered.html

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BILL NUMBER: AB 2546	CHAPTERED
	BILL TEXT

	CHAPTER  616
	FILED WITH SECRETARY OF STATE  SEPTEMBER 25, 2016
	APPROVED BY GOVERNOR  SEPTEMBER 25, 2016
	PASSED THE SENATE  AUGUST 16, 2016
	PASSED THE ASSEMBLY  AUGUST 23, 2016
	AMENDED IN SENATE  AUGUST 11, 2016
	AMENDED IN ASSEMBLY  APRIL 7, 2016
	AMENDED IN ASSEMBLY  MARCH 17, 2016

INTRODUCED BY   Assembly Member Calderon
   (Coauthor: Assembly Member Dababneh)
   (Coauthors: Senators Leyva, Mendoza, and Vidak)

                        FEBRUARY 19, 2016

   An act to add Section 51284.5 to the Education Code, relating to
pupil instruction.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2546, Calderon. Pupil instruction: history-social science
curriculum framework: financial literacy.
   Existing law requires the adopted course of study for grades 1 to
6, inclusive, and for grades 7 to 12, inclusive, to offer courses in
specified areas of study, including social sciences. Existing law
establishes the Instructional Quality Commission and requires the
commission to, among other things, recommend curriculum frameworks to
the State Board of Education. Existing law requires the state board,
concurrently with, but not prior to, the next revision of textbooks
or curriculum frameworks in the social sciences, health, and
mathematics curricula, to ensure that these academic areas integrate
components of, among other things, financial literacy.
   Notwithstanding that requirement on the state board, this bill
would require the commission, when the history-social science
curriculum framework is revised after January 1, 2017, to consider
including age-appropriate information for kindergarten and grades 1
to 12, inclusive, on financial literacy, as specified.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 51284.5 is added to the Education Code, to
read:
   51284.5.  Notwithstanding Section 51284, when the history-social
science curriculum framework is revised after January 1, 2017, the
Instructional Quality Commission shall consider including both of the
following:
   (a) Age-appropriate information for grade spans, as listed in
paragraphs (1) to (3), inclusive, of subdivision (b), on financial
literacy that includes, but is not limited to, all of the following:
   (1) Fundamentals of banking for personal use, including, but not
limited to, savings and checking.
   (2) Principles of budgeting and personal finance.
   (3) Employment and understanding factors that affect net income.
   (4) Uses and effects of credit, including the relation of debt and
interest to credit.
   (5) Uses and costs of loans, including student loans.
   (6) Types and costs of insurance.
   (7) Forms of governmental taxation.
   (8) Principles of investing and building wealth.
   (9) Identity theft and security.
   (10) Planning and paying for postsecondary education.
   (11) Charitable giving.
   (b) Age-appropriate content related to the topics listed in
paragraphs (1) to (11), inclusive, of subdivision (a), at least twice
in each of the following grade spans:
   (1) Kindergarten and grades 1 to 5, inclusive.
   (2) Grades 6 to 8, inclusive.
   (3) Grades 9 to 12, inclusive.