Press release: House passes Hall’s bill to add personal financial literacy for high school curriculum in Indiana

The following press release was sent to the Bloomingtonian Wednesday:

FOR IMMEDIATE RELEASE                                                                                                            Feb. 22, 2023

House passes Hall’s bill to add a personal
financial literacy curriculum for high school students

STATEHOUSE (Feb. 22, 2023) — Indiana House lawmakers recently voted to advance State Rep. Dave Hall’s (R-Norman) legislation that would require high school students to demonstrate proficiency in personal financial literacy in order to graduate.

The proposed legislation would task the State Board of Education with adopting a personal finance curriculum for students in public or charter schools beginning with the Class of 2027. These lessons could be a separate course or incorporated into an appropriate subject like math.

“Our students need a deeper understanding of how to handle their money before they fall into unnecessary debt that may be difficult to recover from,” Hall said. “It’s imperative we equip them with this knowledge so they’re prepared for success after finishing school.”

Hall’s bill would also allow a personal financial responsibility course to qualify as a math credit for Hoosiers earning an alternative diploma. Concepts that would be taught in Hall’s personal financial literacy curriculum include spending and saving, managing bank accounts, debt management and loan applications.

House Bill 1281 now moves to the Indiana Senate 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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