Delaware General Assembly

House Education 5/20/25

Committee Hearing takes place within twelve legislative days.

5/20/25

Hilovsky

Reps. Collins, Dukes, Hensley, Jones Giltner, Postles, Shupe, Kamela Smith, Michael Smith, K. Williams
Sen. Hoffner, Huxtable

Reps. Gray, D. Short, Yearick
Sen. Hocker, Mantzavinos, Wilson

AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO THE EQUITY AND INCLUSION IN FINANCIAL LITERACY FOR ALL HIGH SCHOOL STUDENTS IN DELAWARE ACT.

With 60% of U.S. households living paycheck to paycheck, 40% of Americans having less than $300 in savings, 33% of Americans having saved nothing for retirement, 95% of Americans having not saved enough for retirement, and 87% of American teens admitting not understanding their finances, financial literacy education in Delaware high schools is needed. This Act, which may be cited as “The Equity and Inclusion in Financial Literacy for All High School Students in Delaware Act”, requires high schools to provide, at a minimum, a 1/2 credit course on financial literacy. And, beginning with students entering grade 9 in the 2026 through 2027 school year, successful completion of the course will be required to obtain a high school diploma. This Act requires the course to include instruction which meets the financial literacy standards for high school students adopted by the Department of Education.

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Takes effect upon being signed into law

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