SENATE BILL No. 74*
An Act concerning schools; relating to the powers and
duties of the state board of
education; relating to personal financial literacy
Be it enacted by the Legislature of the State of Kansas:
Section 1. (a) In order to equip students with the
skills needed to become self-supporting and to enable students to
critical decisions regarding personal finances, the state board of
shall authorize and assist in the implementation of programs on
personal financial literacy. The components of personal financial
covered in the program shall include, but not be limited to,
financial education, personal finance and personal credit.
(b) The state board of education shall develop a
and guidelines that local boards of education and governing
of accredited nonpublic schools may use in implementing the program
instruction on personal financial literacy.
(c) The state board of education shall develop standards
tives for personal financial literacy, for all grade levels, within
mathematics curriculum or another appropriate subject-matter
(d) The state board of education shall encourage school
selecting textbooks for mathematics, economics or similar courses,
lect those textbooks which contain substantive provisions on
nance, including personal budgeting, credit, debt management and
ilar personal financial topics.
Sec. 2. This act shall take effect and be in force
from and after its
publication in the statute book.
Approved April 10, 2003.