Regular Session 2023-2024 Senate Bill 0647 P.N. 0729

PRIOR PRINTER'S NOS. 625, 690

PRINTER'S NO. 729

THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

No.

647

Session of

2023

INTRODUCED BY GEBHARD, BARTOLOTTA, J. WARD, LAUGHLIN, VOGEL,

AUMENT, REGAN, ARGALL, ROBINSON, DiSANTO, FLYNN, BOSCOLA,

COLEMAN, PENNYCUICK, MILLER, A. WILLIAMS, K. WARD, MASTRIANO,

DILLON, ROTHMAN, BROOKS AND HAYWOOD, APRIL 21, 2023

AS AMENDED ON THIRD CONSIDERATION, MAY 8, 2023

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 terms and courses of study,

further providing for Economic Education and Personal

Financial Literacy Programs; in credit card marketing,

further providing for regulation of on-campus credit card

marketing; and abrogating regulations.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1. Section 1551(a), (b) and (f) of the act of March

10, 1949 (P.L.30, No.14), known as the Public School Code of

1949, are amended and the section is amended by adding a

subsection to read:

Section 1551. Economic Education and Personal Financial

Literacy Programs.--(a) The department shall have the power and

its duty shall be to:

(1) Provide resource information on economics, economic

education and personal financial literacy to educators and

public and private schools and organizations. The department

shall review and update its existing resource information

following completion of the review of the State standards under

the State Board of Education's standards under paragraph (2)

(ii).

(2) Provide for the distribution, including through the

department's Internet website, to school entities [or] and

private, nonpublic, elementary or secondary schools in this

Commonwealth, [teacher] of model curriculum materials and other

available resources, including economic education partnership

programs, on economic education and personal financial literacy,

including the basic principle involved with earning, spending,

saving and investing money. The model curriculum materials shall

align with and complement existing State standards for

[Economics, Family and Consumer Science, and Career Education

and Work] personal financial literacy as set forth in 22 Pa.

Code Ch. 4 (relating to academic standards and assessment). The

following shall apply:

(i) The department shall review and update its existing

model curriculum materials and other available resources as

necessary no later than the beginning of the 2025-2026 school

year and within one year after any revision of the State

standards under subparagraph (ii).

(ii) The State Board of Education shall review the existing

State standards for Economics, Family and Consumer Science, and

Career Education and Work as set forth in 22 Pa. Code Ch. 4 and

revise the standards as necessary to implement the provisions of

this subarticle.

(3) Identify and recognize Commonwealth schools that

implement exemplary economic and economic education and personal

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financial literacy curricula at each benchmark as set forth in

existing State standards for Economics, Family and Consumer

Science, and Career Education and Work as set forth in 22 Pa.

Code Ch. 4.

(4) Maintain an inventory of model curriculum economic

education and personal financial literacy materials, programs

and resources available in Commonwealth agencies.

(b) In distributing model curriculum materials and resources

for use in schools, the department shall consider those

currently available through international, national, Statewide

and local economic, banking trade and personal finance education

organizations.

(b.1) (1) Beginning with the 2026-2027 school year and in

each school year thereafter, a school entity or nonpublic school

shall provide a mandatory course in personal financial literacy

with a value of at least one-half credit or half of a full

credit. Students shall be required to complete the course once

during grade nine, ten, eleven or twelve.

(2) Nothing in this subsection shall be construed to

circumvent the provisions of 20 U.S.C. Ch. 33 (relating to

education of individuals with disabilities). A student's

individualized education program may provide for accommodations

to enable the student to complete the course required under

paragraph (1).

(3) The department shall develop or identify a model

curriculum and a list of education materials which a school

entity or nonpublic school may use in providing the course

required under paragraph (1). The department shall consult with

multiple organizations specializing in financial literacy

education in developing the model curriculum and educational

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materials. The department may update existing model curriculum

materials if necessary and other available resources under

subsection (a) as necessary to comply with this paragraph and

shall update the existing model curriculum materials and other

available resources within one year of the date of revision of

the State standards under subsection (a)(2) (ii) .

(4) The department shall clarify which certifications are

necessary to qualify an educator to provide instruction of the

course required under paragraph (1), which shall include, at a

minimum, family and consumer science, business, computer and

information technology, mathematics and social studies. The

department shall revise its certification and staffing policy

guidelines as necessary to reflect the qualifications specified

under this paragraph.

(5) An educator who is assigned to provide instruction of

the course required under paragraph (1) may not:

(i) lose a planning period as a result of the assignment,

except in accordance with a collective bargaining agreement

between a school entity and an employe organization; or

(ii) bear any costs related to earning an add-on

certification necessary to provide the instruction.

(6) Nothing in this subsection shall supersede or preempt

any provision of a collective bargaining agreement in effect

before, on or after the effective date of this paragraph between

a school entity and an exclusive representative of the employes

under the act of July 23, 1970 (P.L.563, No.195), known as the

"Public Employe Relations Act." BETWEEN A SCHOOL ENTITY AND AN

EMPLOYE ORGANIZATION.

* * *

(f) The following words and phrases when used in this

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section shall have the meanings given to them in this

subsection:

"Department." The Department of Education of the

Commonwealth.

"Educator." As defined in section 1.2 of the act of December

12, 1973 (P.L.397, No.141), known as the "Educator Discipline

Act."

"Nonpublic school." A nonprofit school, other than a public

school, where a resident of this Commonwealth may legally

fulfill the compulsory school attendance requirements of this

act and which meet the requirements of 42 U.S.C. Ch. 21 Subch. V

(relating to federally assisted programs).

"Personal financial literacy." 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.

"Planning period." A period of time during a school day

which an educator may use for professional duties, including

instructional preparation and planning, communications with

parents and legal guardians of students and evaluating student

work.

"School entity." A [public] school district, charter school,

cyber charter school, regional charter school, intermediate unit

or area career and technical school.

"Secretary." The Secretary of Education of the Commonwealth.

Section 2. Section 2302-A introductory paragraph and (5) of

the act are amended to read:

Section 2302-A. Regulation of On-Campus Credit Card

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Marketing.--The board shall require an institution of higher

education to establish a policy that regulates the marketing of

credit cards on campus. The policy may prohibit any marketing of

credit cards on the campus. In establishing the policy, the

institution of higher education shall, for students entering in

the 2024-2025 school year, incorporate into orientation

programming presentations on credit card debt education and

money management skills for students. The institution of higher

education shall also consider all of the following:

* * *

[(5) Incorporating into orientation programming a credit

card debt education presentation.]

Section 3. The provisions of 22 Pa. Code are abrogated

insofar as they are inconsistent with the amendment of section

1551 of the act.

Section 4. This act shall take effect July 1, 2023, or

immediately, whichever is later.

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