Assembly BillIntroduced
A 4197: Requires instruction in owning and operating a business including, but not limited to, basic financial literacy necessary for sound financial decision-making, leadership, management, communication, budgeting, savings, credit, debt, insurance, taxation, and other issues associated with owning and operating a business.
What A 4197 does, verified January 8, 2026
The bill aims to require school districts in the state to provide instruction in owning and operating a business to pupils. This instruction will cover basic financial literacy, leadership, management, communication, and other essential skills. The commissioner will establish and define the program, and the department will make model curriculum and resource materials available online. Technical assistance will be provided to develop curricula for successive grade levels, ensuring age-appropriate and skill-based instruction. The act will take effect on July 1st, and the department is authorized to make necessary rules and regulations for implementation.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: referred to education (2026-01-07)Alert me
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | referred to education |
| Jan. 31, 2025 | referred to education |
Latest bill textIntroduced version, January 31, 2025 · 338 words
STATE OF NEW YORK ________________________________________________________________________ 4197 2025-2026 Regular Sessions IN ASSEMBLY January 31, 2025 ___________ Introduced by M. of A. K. BROWN -- read once and referred to the Commit- tee on Education AN ACT to amend the education law, in relation to requiring instruction in owning and operating a business The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The education law is amended by adding a new section 819 to 2 read as follows: 3 § 819. Instruction in owning and operating a business. 1. All school 4 districts in the state shall provide to pupils instruction in owning and 5 operating a business including, but not limited to, basic financial 6 literacy necessary for sound financial decision-making, leadership, 7 management, communication, budgeting, savings, credit, debt, insurance, 8 taxation, and other issues associated with owning and operating a busi- 9 ness. The commissioner shall establish and define such program in regu- 10 lations. Nothing in this section shall prevent the department from 11 making model curriculum and resource materials available on the depart- 12 ment's website. 13 2. The commissioner shall provide technical assistance in the develop- 14 ment of curricula for such courses of study which shall be age appropri- 15 ate and developed according to the needs and abilities of pupils at 16 successive grade levels in order to provide pupils with the skills to 17 own and operate a business. 18 § 2. This act shall take effect on the first of July next succeeding 19 the date on which it shall have become a law. Effective immediately, the 20 addition, amendment and/or repeal of any rule or regulation necessary 21 for the implementation of this act on its effective date are authorized 22 to be made and completed on or before such effective date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD06289-01-5
Text of A 4197 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions