81R1551 JRJ-D
 
  By: Solomons H.B. No. 1153
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to expanding the public high school curriculum to promote
  personal financial literacy.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 28.0021, Education Code, is amended to
  read as follows:
         Sec. 28.0021.  PERSONAL FINANCIAL LITERACY.  (a)  The Texas
  essential knowledge and skills and Section 28.025 shall require
  instruction in personal financial literacy offered in the ninth or
  tenth grade in one or more courses required for high school
  graduation.
         (b)  School districts and open-enrollment charter schools
  shall incorporate instruction in personal financial literacy into
  any course meeting a requirement for a mathematics or [an]
  economics credit under Section 28.025, using materials approved by
  the board. The materials must include instruction on:
               (1)  the types of bank accounts available to consumers
  and the benefits of maintaining a bank account;
               (2)  balancing a check book;
               (3)  determining credit scores and the manner in which
  credit scores are used;
               (4)  issues associated with the use of debit and credit
  cards, including avoiding and eliminating credit card debt;
               (5)  understanding the rights and responsibilities of
  renting or buying a home;
               (6)  managing money to make the transition from renting
  a home to home ownership;
               (7)  starting a small business;
               (8)  being a prudent investor in the stock market and
  using other investment options;
               (9)  beginning a savings program;
               (10)  bankruptcy; and
               (11)  the types of loans available to consumers,
  including mortgage loans and motor vehicle loans, and becoming a
  low-risk borrower.
         (c)  [School districts and open-enrollment charter schools
  shall comply with Subsection (b) beginning with the 2006-2007
  school year.]  The board shall adopt essential knowledge and skills
  for a course including the requirements of Subsection (b) [(a)] not
  later than the 2010-2011 [2008-2009] school year.  This subsection
  expires September 1, 2011 [and Subsection (b) expire September 1,
  2009].
         (d)  School districts and open-enrollment charter schools
  shall offer an intensive one-week course that incorporates the
  instruction in personal financial literacy required by this
  section. The course must be offered to students who drop out of
  school and who have not otherwise completed a course under this
  section.
         SECTION 2.  Section 39.023(c), Education Code, is amended to
  read as follows:
         (c)  The agency shall also adopt end-of-course assessment
  instruments for secondary-level courses in Algebra I, Algebra II,
  geometry, a course that includes instruction in personal financial
  literacy, biology, chemistry, physics, English I, English II,
  English III, world geography, world history, and United States
  history.  The Algebra I, Algebra II, and geometry end-of-course
  assessment instruments and any end-of-course assessment instrument
  for a course that includes instruction in personal financial
  literacy must be administered with the aid of technology.  A school
  district shall comply with State Board of Education rules regarding
  administration of the assessment instruments listed in this
  subsection and shall adopt a policy that requires a student's
  performance on an end-of-course assessment instrument for a course
  listed in this subsection in which the student is enrolled to
  account for 15 percent of the student's final grade for the course.  
  If a student retakes an end-of-course assessment instrument for a
  course listed in this subsection, as provided by Section 39.025, a
  school district is not required to use the student's performance on
  the subsequent administration or administrations of the assessment
  instrument to determine the student's final grade for the course.  
  If a student is in a special education program under Subchapter A,
  Chapter 29, the student's admission, review, and dismissal
  committee shall determine whether any allowable modification is
  necessary in administering to the student an assessment instrument
  required under this subsection or whether the student should be
  exempted under Section 39.027(a)(2).  The State Board of Education
  shall administer the assessment instruments.  The State Board of
  Education shall adopt a schedule for the administration of
  end-of-course assessment instruments that complies with the
  requirements of Subsection (c-3).
         SECTION 3.  Section 39.025(f), Education Code, is amended to
  read as follows:
         (f)  The commissioner shall by rule adopt a transition plan
  to implement the amendments made by S.B. No. 1031, Acts of the 80th
  Legislature, Regular Session, 2007, to this section and Sections
  39.023(a) and (c) and 39.051(b)(5) and by _.B. No. __, Acts of the
  81st Legislature, Regular Session, 2009, to Section
  39.023(c).  The rules must provide for the end-of-course
  assessment instruments adopted under Section 39.023(c) to be
  administered beginning with students entering the ninth grade
  during the 2011-2012 school year.  During the period under which
  the transition to end-of-course assessment instruments is made:
               (1)  for students entering a grade above the ninth
  grade during the 2011-2012 school year, the commissioner shall
  retain, administer, and use for campus and district ratings under
  Subchapter D the assessment instruments required by Section
  39.023(a) or (c), as that section existed before amendment by S.B.
  No. 1031, Acts of the 80th Legislature, Regular Session, 2007; and
               (2)  the agency may defer releasing assessment
  instrument questions and answer keys as required by Section
  39.023(e) to the extent necessary to develop additional assessment
  instruments.
         SECTION 4.  Section 39.051(d), Education Code, is amended to
  read as follows:
         (d)  Annually, the commissioner shall define exemplary,
  recognized, and unacceptable performance for each academic
  excellence indicator included under Subsections (b)(1) through (7)
  and shall project the standards for each of those levels of
  performance for succeeding years.  For the indicator under
  Subsection (b)(8), the commissioner shall define exemplary,
  recognized, and unacceptable performance based on student
  performance for the period covering both the current and preceding
  academic years.  In defining exemplary, recognized, and
  unacceptable performance for the indicators under Subsections
  (b)(2) and (4), the commissioner may not consider as a dropout or as
  a student who has failed to attend school:
               (1)  a student whose failure to attend school results
  from:
                     (A) [(1)]  the student's expulsion under Section
  37.007; and
                     (B) [(2)]  as applicable:
                           (i) [(A)]  adjudication as having engaged in
  delinquent conduct or conduct indicating a need for supervision, as
  defined by Section 51.03, Family Code; or
                           (ii) [(B)]  conviction of and sentencing for
  an offense under the Penal Code; or
               (2)  a student who completes a course offered under
  Section 28.0021(d).
         SECTION 5.  The change in law made by Section 28.0021(a),
  Education Code, as amended by this Act, applies beginning with
  students entering the ninth grade during the 2009-2010 school year.
  Students who entered the ninth grade before the 2009-2010 school
  year are governed by the law in effect at the time the students
  entered the ninth grade, and the former law is continued in effect
  for that purpose.
         SECTION 6.  This Act applies beginning with the 2009-2010
  school year.
         SECTION 7.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2009.