SENATOR HUKILL’S OFFICE IS REPORTING THAT THE STUDENT FINANCIAL LITERACY BILL HAS PASSED THE SENATE FLOOR

SENATOR HUKILL’S STUDENT FINANCIAL LITERACY BILL PASSES SENATE FLOOR

TALLAHASSEE, FL- Senator Dorothy L. Hukill’s (R-Port Orange) student financial literacy bill has passed on the floor of the Senate today with unanimous support.
Senator Hukill’s bill will require high school students in grades 9-12 to take a one-half credit course in personal financial literacy, beginning in the 2018-2019 school year.

The student financial literacy bill is designed to equip high school students with the basic principles of money management. Specific examples include subjects such as: spending and managing debt, opening and managing a bank account, savings and investing, simple contracts, computing federal income taxes, and contesting an incorrect billing statement.

“I would like to thank my colleagues for all of their support. Sound financial management skills are vital to all Floridians, and especially to our students who will be facing the challenge of managing their finances for the first time as young adults,” said Senator Hukill. “A required financial literacy course will prepare our high school students heading to college, or entering the workforce, with the tools and insight they need to be well-equipped to handle their personal finances.”
When CS/SB 88 becomes law, Florida would become the sixth state in the nation to require a standalone course in personal financial literacy.

Senator Hukill was elected to the Senate in 2012 and represents Senate District 14, which consists of parts of Brevard and Volusia Counties. Prior to the Senate, Hukill served in the Florida House of Representatives from 2004-2012.