07RS HB346

HB346

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Includes opposite chamber sponsors where requested by primary sponsors of substantially similar bills in both chambers and jointly approved by the Committee on Committees of both chambers. Opposite chamber sponsors are represented in italics.


HB 346 (BR 1298) - S. Brinkman, S. Westrom

     AN ACT relating to financial literacy.
     Create new sections of KRS Chapter 158 to require the Kentucky Department of Education to develop and implement the Kentucky Financial Literacy Program; permit school districts to utilize the program and program materials; require the program to include curricula, materials, and guidelines for financial literacy instruction aligned with state standards and designed to be included in courses currently offered in public schools; require the Kentucky Board of Education to adopt the curricula, materials, and guidelines for program; set forth areas of financial literacy to be included in the program; establish the Kentucky financial literacy trust fund within the State Treasury; permit the fund to receive state appropriations, gifts, grants, federal funds, and any other funds, both public and private; identify permissible fund uses; require the Kentucky Board of Education to promulgate administrative regulations; require the Kentucky Department of Education to administer the trust fund; set forth investment options for unallocated or unencumbered balances and require that unused balances be carried forward; and establish that the fund shall be a trust and agency account available solely for the purpose and benefits of the Kentucky Financial Literacy Trust Program.

     Feb 7-introduced in House
     Feb 9-to Education (H)


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