House Ed responds to KASB concerns on financial literacy

House Education voted Monday afternoon to table a bill on student financial education, HB 2232, for seven days to allow amendments that would incorporate changes proposed by KASB.

KASB had testified as an opponent of HB 2232 in its current form, which requires a student to have a semester class in the 11th or 12th grade in financial literacy in order to graduate.  Districts would also be required to develop a K-10 curriculum for financial literacy as well as one to support the required graduation class.

KABS’s Delegate Assembly approved the following language, which would replace the proposed requirement: “Financial Education. We support a requirement that each district adopt a policy for meeting the goal of providing each student with sufficient knowledge of economic system to enable students to make informed choices, developed and implemented by local board of education.”

The KASB resolution reflects the Rose Capacities cited in the Gannon decision and later embedded in statute through last session’s HB 2506.

After adopting two amendments, the committee did not recommend HB 2078, requiring school districts to adopt school safety and security policies and plans. Many on the committee felt like it was an unnecessary statute even as amended and the cost of running it would be a waste of money. KASB did not testify on the bill.