HB 1973 -- ECONOMICS AND PERSONAL FINANCE EDUCATION

SPONSOR:  Bowman

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Education-Elementary and Secondary by a vote of 21 to 0.

This bill directs the Department of Elementary and Secondary
Education to conduct a study of economics and personal finance
education and submit it to the General Assembly by January 1,
2003.  The study must contain recommendations on several topics,
among which are in-service training methods for teachers on
economics and personal finance, integration of the subjects into
the statewide assessments, and requirements for a capstone high
school course in economics and personal finance.  No state moneys
are to be used in funding the study.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the rate of bankruptcies is
going up and the savings rate is going down.  Young adults are
particularly vulnerable when they become eligible for credit
cards.

Testifying for the bill were Representative Bowman; Missouri
Bankers Association; and Missouri Chamber of Commerce.

OPPONENTS:  There was no opposition voiced to the committee.

Becky DeNeve, Senior Legislative Analyst

Missouri House of Representatives
Last Updated October 11, 2002 at 9:03 am