North DakotaNorth Dakota schools teach students personal finance skills
North Dakota school districts must cover personal finance through a half unit or certain courses, and may use other courses with yearly approval.
What it does
Each school district must require students to complete a half unit of financial literacy or teach personal finance concepts in certain classes. Topics include budgeting, saving, debt, banking, and planning for college and careers.
With the superintendent’s approval each year, a district may use other courses if it can show they would reach at least as many students as the named courses.
A regular classroom teacher may teach the personal finance concepts as part of the course where they are included.
Argument forStudents could learn money skills in different classes, which may help districts reach more students when the superintendent approves their plan.
Argument againstDistricts might have less flexibility because using other courses requires yearly approval and proof that at least as many students will be reached.
More detail
Each school district must require students to complete a half unit of financial literacy or teach personal finance concepts in economics or problems of democracy. The requirement covers each North Dakota school district and its students. The listed topics include budgeting, saving and investing, credit and debt, banking, income, consumer skills, insurance, college and career planning, retirement, and entrepreneurship.
The superintendent of public instruction may allow a district to teach the concepts in other courses. This option applies to districts seeking to use courses other than economics or problems of democracy. The district must request approval in writing each year. The district must show that the other courses would reach at least as many students as the courses named in the requirement.
A regular classroom teacher may provide the required instruction as part of the course. The teacher may teach the concepts in the course where they are included.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Apr 25Filed with Secretary Of State 04/23Latest
- Apr 24Signed by Governor Kelly Armstrong 04/23Became Law
- Apr 22Sent to GovernorTo Governor
- Apr 22Signed by Speaker
- Apr 21Signed by President
- Apr 17Second reading, passed, yeas 87 nays 3Major
- Vote recorded Motion for Final Passage on HB 1533. Result: pass.Lower
- Apr 17Concurred
- Apr 9Returned to House (12)
- Vote recorded Motion for Final Passage on HB 1533. Result: pass.Upper
- Apr 9Second reading, passed as amended, yeas 46 nays 0Passed Senate
- Apr 9Amendment adopted, placed on calendar
- Apr 8Reported back amended, do pass, amendment placed on calendar 6 0 0Minor
- Mar 19Committee Hearing 10:00
- Mar 7Introduced, first reading, referred Education CommitteeMinor
- Feb 24Received from House
- Feb 21Second reading, passed, yeas 90 nays 0Passed House
- Vote recorded Motion for Final Passage on HB 1533. Result: pass.Lower
- Feb 20Amendment adopted, placed on calendar
- Feb 19Reported back amended, do pass, amendment placed on calendar 14 0 0Minor
- Feb 12Committee Hearing 10:00
- Jan 20Introduced, first reading, referred Education CommitteeIntroduced
Education