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PRINTER'S NO. 893
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
723
Session of
2019
INTRODUCED BY LAUGHLIN, STREET, FOLMER, LANGERHOLC AND MENSCH,
JUNE 6, 2019
REFERRED TO EDUCATION, JUNE 6, 2019
AN ACT
Amending the act of March 10, 1949 (P.L.30, No.14), entitled "An
act relating to the public school system, including certain
provisions applicable as well to private and parochial
schools; amending, revising, consolidating and changing the
laws relating thereto," in high schools, further providing
for courses of study.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1605 of the act of March 10, 1949
(P.L.30, No.14), known as the Public School Code of 1949, is
amended by adding a subsection to read:
Section 1605. Courses of Study.--* * *
(d) (1) Beginning with students graduating from a public
high school at the end of the 2020-2021 school year, and
continuing in each school year thereafter, a student who
successfully completes a course in personal finance during
grades nine through twelve shall be permitted to apply up to one
credit earned for successful completion of the course to satisfy
the student's social studies , family and consumer science ,
mathematics or business education credit requirement for
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graduation , provided that the governing body of the student's
public high school shall have discretion to determine the
graduation credit requirement to which the credit earned by the
student shall be applied.
(2) As used in this subsection, the following words and
phrases shall have the meanings given to them in this paragraph
unless the context clearly indicates otherwise:
"Personal finance. " The integration of various factors
relating to personal financial management, including
understanding financial institutions, using money, learning to
manage personal assets and liabilities, creating budgets and any
other factors that may assist an individual in this Commonwealth
to be financially responsible.
"Public high school." A public school, including a school
within a school district, a charter school, a cyber charter
school, a regional charter school or a career and technical
school, that offers twelfth grade.
Section 2. This act shall take effect in 60 days.
20190SB0723PN0893 - 2 -
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