Senate Bill 364: Institutes Personal Finance Proficiency Requirement

Pennsylvania
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Last Updated: March 1, 2017
Senate Bill 364: Institutes Personal Finance Proficiency Requirement
Sponsors:
Senator Williams, Senator Fontana, Senator Yudichak, Senator Gordner, Senator Schwank, Senator Costa, Senator Hughes, Senator Rafferty, Senator Aument, Senator Street, Senator Boscola, and Senator Browne
Summary:

This bill would require the Pennsylvania Department of Education (PDE) to ensure that all recipients of a high school diploma are proficient in personal finance.

HSLDA's Position:
Oppose.

While financial literacy is a noble goal, the PDE should not have the arbitrary authority to enforce this kind of requirement on graduates of nonpublic, church, and other private schools, private tutor programs, or home education programs. While it appears Senator Williams intended this requirements to extend only to public education, the current wording of the bill is concerning because it does not specifically limit the application to public schools.

Action Requested:
None at this time
Status:

See "Bill History" link below.

 Other Resources

Bill Text

Bill History