Assembly BillIntroduced
A 96: Requires instruction in financial management for all students in grades four through eight.
What A 96 does, verified January 8, 2026
The state of New York is introducing a new law that requires school districts to provide financial management courses to pupils in grades four through eight. These courses will cover basic financial literacy and skills such as budgeting, savings, credit, debt, insurance, investment, and personal responsibility. The commissioner will establish and define the financial management program in regulations, and provide technical assistance to develop curricula for the courses. The law aims to equip pupils with financial management skills to make sound financial decisions. The law will take effect on July 1st of the following year after it becomes a law.
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. 08, 2025 | referred to education |
Latest bill textIntroduced version, January 8, 2025 · 330 words
STATE OF NEW YORK ________________________________________________________________________ 96 2025-2026 Regular Sessions IN ASSEMBLY (Prefiled) January 8, 2025 ___________ Introduced by M. of A. PHEFFER AMATO -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to instruction in finan- cial management 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. Courses of study in financial management. 1. All school 4 districts in the state shall be authorized to provide, to pupils in 5 grades four through eight, instruction in financial management includ- 6 ing, but not limited to, basic financial literacy necessary for sound 7 financial decision-making, budgeting, savings, credit, debt, insurance, 8 investment, and other issues associated with personal financial respon- 9 sibility. The commissioner shall establish and define such financial 10 management program in regulations. Nothing in this section shall prevent 11 the department from making model curriculum and resource materials 12 available on the department'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 financial 17 management skills. 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. LBD00381-01-5
Text of A 96 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions