S 6805: Establishes instruction in financial literacy for students in sixth through eighth grade; requires such instruction to include content on budgeting, savings, credit, debt, insurance, investment, and other issues associated with personal financial responsibility as determined by the education department.
The bill requires schools to incorporate financial literacy instruction for students in grades 6 through 8. The purpose of this instruction is to provide students with the basic financial literacy necessary for sound financial decision-making. The instruction must meet specific requirements, including being age-appropriate and covering topics such as budgeting, savings, credit, debt, insurance, investment, and personal financial responsibility. The commissioner will provide sample instructional materials and resources to support the implementation of this requirement. The bill takes effect immediately and applies to all school years starting on or after July 1 of the next year.
- What is the current status of S 6805?
- As of August 18, 2026, S 6805 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO EDUCATION".
- Did S 6805 pass?
- Not yet. S 6805 has been introduced and has not passed either house.
- Who wrote S 6805, and where is it now?
- S 6805 was authored by Sen. Robert Jackson with 7 coauthors. Its committee of record is Senate Education.
| Jan. 07, 2026 | REFERRED TO EDUCATION |
| Mar. 24, 2025 | REFERRED TO EDUCATION |
STATE OF NEW YORK ________________________________________________________________________ 6805 2025-2026 Regular Sessions IN SENATE March 24, 2025 ___________ Introduced by Sens. JACKSON, COONEY, PERSAUD, RAMOS, SALAZAR, SEPULVEDA -- read twice and ordered printed, and when printed to be committed to the Committee on Education AN ACT to amend the education law, in relation to establishing instruc- tion in financial literacy for students in sixth through eighth grade 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 803-c 2 to read as follows: 3 § 803-c. Instruction relating to financial literacy. 1. The department 4 shall require that a school district incorporate in each of the grades 5 six through eight financial literacy instruction for pupils enrolled in 6 such grades. The purpose of such instruction shall be to provide middle 7 school students with the basic financial literacy necessary for sound 8 financial decision-making. 9 2. The instruction shall meet the requirements established by the 10 department and shall: 11 a. be appropriate to, and reflect the age and comprehension of, the 12 students enrolled in the particular grade level; and 13 b. include content on budgeting, savings, credit, debt, insurance, 14 investment, and other issues associated with personal financial respon- 15 sibility as determined by the department. 16 3. The commissioner shall provide school districts with sample 17 instructional materials and resources that may be used to support the 18 implementation of the financial literacy instruction requirement. 19 § 2. This act shall take effect immediately and shall apply to all 20 school years commencing on or after the first of July next succeeding 21 the date upon which it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11259-01-5