HB 73 — High School Graduation Requirements

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hb0073-00hb0073-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HBCS/HB 73 2019 responsible(5) andAWARD effectiveOF financialA decisionsSTANDARD onHIGH aSCHOOL dailyDIPLOMA.—A basis.student who meets the applicable grade 9 cohort graduation requirements of s.

1003.4282(3)(a)-(e) or s.

1003.4282(9)(a)1.-5., (b)1.-5., (c)1.-5., or (d)1.-5., earns two and one-half three credits in electives, and earns a cumulative grade point average (GPA) of 2.0 on a 4.0 scale shall be awarded a standard high school diploma in a form prescribed by the State Board of Education.

Section 3.

Paragraph (d) of subsection (2) of section 1003.41, Florida Statutes, is amended to read:

1003.41 Next Generation Sunshine State Standards.— (2) Next Generation Sunshine State Standards must meet the following requirements:

(d) Social Studies standards must establish specific curricular content for, at a minimum, geography, United States and world history, government, civics, humanities, and economics, and including financial literacy.

Financial literacy includes the knowledge, understanding, skills, behaviors, attitudes, and values that will enable a student to make responsible and effective financial decisions on a daily basis.

planningPage for3 one'sof financial7 future,CODING: including higher education and career planning;

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hb0073-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 73 2019 planning for one's financial future, including higher education and career planning;

TheSection requirements4. for financial literacy specified under this paragraph do not apply to students entering grade 9 in the 2019-2020 school year and thereafter.

(f)Paragraphs Effective(d) for students entering grade 9 in the 2019- 2020 school year and thereafter,(g) financialof literacysubsection standards(3) mustof establishsection specific1003.4282, curricularFlorida contentStatutes, for,are atamended ato minimum,read: personal financial literacy and money management.

Financial literacy includes instruction in the areas specified in s.

1003.4282(3)(h).

Section 3.

Paragraphs (d) and (g) of subsection (3) of section 1003.4282, Florida Statutes, are amended, and paragraph (h) is added to that subsection, to read:

COURSE AND ASSESSMENT REQUIREMENTS.— Page(d) 3Three ofand 5one-half CODING:credits in social studies.—A student must earn one credit in United States History;

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words underlined are additions.

hb0073-00 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HB 73 2019 (d) Three credits in social studies.—A student must earn one credit in United States History;

one-half credit in economics,economics; which must include financial literacy;

one-half credit in, which must include financial literacy;

However,Beginning forwith astudents student entering grade 9 in the 2019-2020 school yearyear, or thereafter, financial literacy is not a requiredstudent componentmust ofearn the one-half credit in economics.financial literacy.

(g)Students Eight Credits in Electives.—School districts must developearn andthe offerone-half coordinatedcredit electivesin sofinancial thatliteracy a student may develop knowledge and skills in hisgrades or11 her area of interest, such as electives with a STEM or liberal12. arts focus.

The State Board of Education shall identify in rule one or more financial literacy assessments that are aligned to the state's financial literacy standards for the purposes of credit acceleration under s.

1003.4295(3).

A high school student who transfers into the state's public school system from another country, another state, a private school, or a home education program is not Page 4 of 7 CODING:

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hb0073-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 73 2019 required to meet the financial literacy requirement to earn a standard high school diploma if the student's transcript documents passage of a course for financial literacy.

(g) Seven and one-half Eight credits in electives.—School districts must develop and offer coordinated electives so that a student may develop knowledge and skills in his or her area of interest, such as electives with a STEM or liberal arts focus.

(h)Section One-half5. credit in personal financial literacy.— Beginning with students entering grade 9 in the 2019-2020 school Page 4 of 5 CODING:

Subsection (3) of section 1003.4295, Florida Statutes, is amended to read:

1003.4295 Acceleration options.— (3) The Credit Acceleration Program (CAP) is created for the purpose of allowing A student may satisfy middle school course requirements or to earn high school credit in courses required for high school graduation through passage of an end- of-course assessment administered under s.

1008.22, an Advanced Page 5 of 7 CODING:

hb0073-00hb0073-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S HBCS/HB 73 2019 year,Placement eachExamination, studentor musta earnCollege one-halfLevel creditExamination Program (CLEP), or any other appropriate assessment identified in personalstate board rule, including a financial literacy andassessment moneyidentified management.pursuant to s.

This1003.4282(3)(d) instructionfor muststudents includein discussiongrades of11 or instruction12. in the following:

1.Notwithstanding s.

Types1003.4156 ofor banks. accounts offered, opening and managing a bank account, and assessing the quality of a depository institution's services.

2.1003.436, if a school district shall award course credit to a student who is not enrolled in the course, or who has not completed the course, if the student attains a passing score on the corresponding end-of- course assessment, Advanced Placement Examination, or CLEP, or other assessment in accordance with state board rule, a school district shall award course credit or, for a middle school course, indicate that the student has successfully completed the course.

BalancingThe school district shall permit a checkbook.public school or home education student who is not enrolled in the course, or who has not completed the course, to take the assessment or examination during the regular administration of the assessment or examination.

3.Section 6.

BasicParagraph principles(a) of moneysubsection management,(1) suchof assection spending,1003.436, credit,Florida creditStatutes, scores,is andamended managingto debt,read: including retail and credit card debt.

4.1003.436 Definition of "credit."— (1)(a) For the purposes of requirements for high school graduation, one full credit means a minimum of 135 hours of bona fide instruction in a designated course of study that contains student performance standards, except as otherwise provided in through the Credit Acceleration Program (CAP) under s.

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6.hb0073-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S CS/HB 73 2019 1003.4295(3).

BasicOne principlesfull credit means a minimum of personal120 insurancehours policies.of bona fide instruction in a designated course of study that contains student performance standards for purposes of meeting high school graduation requirements in a district school that has been authorized to implement block scheduling by the district school board.

7.The State Board of Education shall determine the number of postsecondary credit hours earned through dual enrollment pursuant to s.

Computing1007.271 federalthat incomesatisfy taxes.the requirements of a dual enrollment articulation agreement according to s.

8.1007.271(21) and that equal one full credit of the equivalent high school course identified pursuant to s.

Local1007.271(9). tax assessments.

9.Section 7.

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.

Section 4.

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