STATEHOUSE (Jan. 23, 2023) — State Rep. Dave Hall (R-Norman) authored legislation that would require Indiana high school students to complete a financial literacy course before graduating.
Under the proposed legislation, students in the Class of 2027 would have to successfully complete a personal financial responsibility course before being able to graduate from a public, charter or state-accredited nonpublic school.
"Having basic financial knowledge and skills, like creating a budget, using a credit card or applying for a loan, are key components to being a successful adult," Hall said. "Equipping young adults with a basic understanding of money management will help them avoid potential pitfalls, and live a much more productive and successful life."
Topics in Hall's financial literacy course would include spending and saving, opening and managing bank accounts, debt management, tax returns, loan applications, and credit and credit scores. The State Board of Education would be tasked with establishing the curriculum.
House Bill 1281 is assigned to the House Education Committee for consideration. Watch session and committees live, and view legislation at iga.in.gov.
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State Rep. Dave Hall (R-Norman) represents House District 62, which includes
all of Brown County, and portions of Monroe and Jackson counties.
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