HLSENROLLED 26RS-469 ENGROSSED Regular Session HOUSE BILL NO.

285 BY REPRESENTATIVES BACALA, ADAMS, BAYHAM, BOURRIAQUE, BOYD, BROUSSARD, CARLSON, CARPENTER, CARVER, CHASSION, DEWITT, EDMONSTON, EGAN, FREIBERG, GREEN, JORDAN, KNOX, LAFLEUR, TERRY LANDRY, LYONS, MARCELLE, MARTINEZ, MILLER, MOORE, SAWYER, TAYLOR, WALTERS, AND TAYLORWYBLE SCHOOLS/BOARDS:AN ACT To amend and reenact R.S.

Authorizesaschoolboardtoengageinacooperativeendeavorwith a credit union or bank to operate a branch at a high school AN ACT To amend and reenact R.S.

General powers of local public school boards * * * B.(1) Each school board may permit school buildings to be used outside of regularschoolhoursforacademicpurposesincludingbutnotlimitedtoregularschoolhoursforacademicpurposesincludingbutnotlimitedtotutoringand tutoringand study hall.

(2)Page Each1 schoolof board2 mayCODING: engage in a cooperative endeavor with a credit union or bank to operate a branch at a high school.

Anysuch cooperative endeavor shall provide for the integration of the operation of the branch into the financial literacycourserequiredbyR.S.

17:270 andprovidestudents with theopportunityto Page 1 of 3 CODING:

HLS 26RS-469 ENGROSSED HB NO.

285 obtainENROLLED the(2) skills,Each knowledge,school andboard experiencemay necessaryengage toin managea theircooperative personalendeavor financeswith anda obtaincredit generalunion financialor literacyasbank providedto inoperate R.S.a branch at a high school.

Any such cooperative endeavor shall provide for the integration of the operation of the branch into the financial literacycourserequiredbyR.S.

17:270 and provide students with theopportunityto obtain the skills, knowledge, and experience necessary to manage their personal finances and obtain general financial literacyas provided in R.S.

* * * DIGESTSPEAKER ThedigestprintedbelowwaspreparedbyHouseLegislativeOF Services.THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED:

ItPage constitutes2 nopart of the2 legislativeCODING: instrument.

The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent.

[R.S.

1:13(B) and 24:177(E)] HB 285 Engrossed 2026 Regular Session Bacala Abstract:

Authorizes a school board to enter into a cooperative endeavor with a credit union or bank to operate a branch at a high school and provides for the integration of the branch's operation into a required financial literacycourse.

Presentlaw(R.S.17:270)requireseachstudenttosuccessfullycompleteaone-unitfinancial literacycourseasarequirementforhighschoolgraduation.

Providesthatthetopicscovered by the course shall include but need not be limited to the following:

(1) Types of bank accounts offered, opening and managing a bank account, and assessing the quality of a depository institution's services.

(2) Balancing a checkbook.

(3) Basic principles of moneymanagement, such as spending, credit, credit scores, and managing debt, including retail and credit card debt.

(4) Completing a loan application.

(5) Receiving an inheritance and related implications.

(6) Basic principles of personal insurance policies.

(7) Computing federal income taxes.

(8) Local tax assessments.

(9) Computing interest rates by various mechanisms.

(10) Simple contracts.

(11) Contesting an incorrect billing statement.

(12) Types of savings and investments.

(13) State and federal laws concerning finance.

(14) Scholarships, grants, and other financial opportunities to pay for postsecondary education.

Present law (R.S.

17:81) provides for the general powers of local public school boards, includingtheauthorityto permit schoolbuildings to beusedoutside ofregularschoolhours for academic purposes including but not limited to tutoring and study hall.

Requires the Page 2 of 3 CODING:

Wordsinstruckthroughtypearedeletionsfromexistinglaw;wordsunderscored are additions.

HLS 26RS-469 ENGROSSED HB NO.

285 board to adopt rules and regulations governing the terms and conditions, including fees if any, under which such buildings shall be used.

Proposed law retains present law and additionallyauthorizes a school board to engage in a cooperative endeavor with a credit union or bank to operate a branch at a high school.