KRS 158.1411: Financial literacy requirements for high school graduation --

Establishment of academic standards, curricula, and guidelines for financial

literacy.

(1) For students entering grade nine (9) on or before June 30, 2025, successful

completion of one (1) or more courses or programs that meet the financial literacy

standards shall be a Kentucky public high school graduation requirement.

(2) For students entering grade nine (9) on or after July 1, 2025, successful completion

of a one (1) credit c ourse in financial literacy shall be a Kentucky public high

school graduation requirement.

(3) The graduation requirement in subsections (1) and (2) shall also apply to a student

pursuing an early graduation program as established in KRS 158.142.

(4) The financial literacy course required in subsection (2) of this section shall align to

the student's individual learning plan and include but not be limited to instruction in

the following areas:

(a) Budgeting;

(b) Saving and investing;

(c) Credit and debt;

(d) Insurance and risk management, including but not limited to personal

insurance policies;

(e) Taxes; and

(f) The necessity of critical review and understanding of documents prior to

signing agreement or approval and the ability to provide a signature in

cursive.

(5) The financial literacy course required in subsection (2) of this section shall be

accepted as an elective course requirement for high school graduation

notwithstanding any other provisions of law.

(6) In accordance with KRS 156.160, the Kentucky Board of Education shall

promulgate administrative regulations establishing academic standards for financial

literacy.

(7) The local superintendent, after consultation with the local board of education,

school-based decision making council, and principal of each high school, shall

determine curricula for course offer ings that are aligned with the financial literacy

academic standards promulgated by the Kentucky Board of Education.

(8) The Department of Education shall develop financial literacy guidelines for local

schools and districts.

(9) Local schools and districts may consult with the Kentucky Financial Empowerment

Commission established in KRS 41.450 when developing and implementing the

financial literacy standards.

(10) The Department of Education shall identify through the system for uniform

academic course cod es, which courses meet the requirements for the financial

literacy course required in subsection (2) of this section.