BILL NUMBER: AB 1492	AMENDED
	BILL TEXT

	AMENDED IN SENATE  AUGUST 17, 2005
	AMENDED IN SENATE  JUNE 14, 2005

INTRODUCED BY   Assembly Member Evans

                        FEBRUARY 22, 2005

   An act to  add Section 51220.7 to   amend
Sections 51282 and 51284 of, and to add Section 51281 to,  the
Education Code, relating to pupil instruction.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1492, as amended, Evans  Instruction:  economics
  financial preparedness  . 
   Existing law requires the Superintendent of Public Instruction to
make model curriculum in lifelong healthy aging and financial
preparedness available to teachers, as specified.  
   This bill would require the Superintendent to make a list
available to teachers of organizations that provide teacher training
on the subject of financial preparedness.  
   Existing law requires the State Board of Education, according to a
specified time period, to ensure that text books and curriculum
frameworks in the social sciences, health, and mathematics curricula
integrate components of, among other things, financial preparedness.
 
   This bill would extend that requirement to text books and
curriculum frameworks in reading.  
   This bill would define "financial preparedness" for purposes of
those provisions.  
   Existing law requires a school district, as part of its adopted
course of study for grades 7 to 12, inclusive, to offer courses in
specified areas of study, including, among others, social sciences,
drawing upon the disciplines of anthropology, economics, geography,
history, political science, psychology, and sociology. 

   This bill would allow a school district, in providing instruction
in economics, to include instruction related to the understanding of
personal finances. The bill would require the State Department of
Education to consider a personal finances curriculum in the next
cycle in which the history-social science curriculum framework and
its accompanying instructional materials are adopted.  
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:


   SECTION 1.    Section 51281 is added to the 
 Education Code   , to read:  
   51281.  For purposes of this article, "financial preparedness"
means an understanding of personal finances, including, but not
limited to, budgeting, savings, credit, and identify theft. 
   SEC. 2.    Section 51282 of the   Education
Code   is amended to read: 
   51282.  (a) It is the intent of the Legislature to enact
legislation to establish educational requirements in order to instill
in California's youth a sense of importance about lifelong financial
planning and preparation, including, among other things, the costs
of health care, in a much-extended later life.
   (b) Educational institutions have developed a model curriculum in
lifelong healthy aging and financial preparedness, with materials,
free of charge, for the Superintendent of Public Instruction to
disseminate to school teachers at the local level.
   (c) The Superintendent  of Public Instruction 
shall make this existing curriculum available to teachers, using
materials that are currently available at no cost, with information
and links provided through the Internet, in order to provide to
students in grades 7 to 12, inclusive, instruction on human growth,
human development, and financial preparedness. 
   (d) The Superintendent shall make a list available to teachers of
organizations that provide teacher training on the subject of
financial preparedness. 
   SEC. 3.    Section 51284 of the   Education
Code   is amended to read: 
   51284.  After January 1, 2003, and concurrently with, but not
prior to, the next revision of text books or curriculum frameworks in
the social sciences, health, reading,  and mathematics
curricula, the  State Board of Education   state
board  shall ensure that these academic areas integrate
components of human growth, human development, and human contribution
to society, across the life course, and also financial preparedness.
   
  SECTION 1.  Section 51220.7 is added to the Education Code, to
read:
   51220.7.  (a) In providing instruction in economics, pursuant to
subdivision (b) of Section 51220, a school district may include
instruction related to the understanding of personal finances,
including, but not limited to, budgeting, savings, and credit.
   (b) The department shall consider developing a personal finances
curriculum in the next cycle in which the history-social science
curriculum framework and its accompanying instructional materials are
adopted.