Mississippi legislation · 2026 Regular Session
Mississippi HB994: Financial literacy; require SBE to develop curriculum for Grades 6-12.
Status: Failed, February 3, 2026
AN ACT TO REQUIRE THE STATE BOARD OF EDUCATION TO INCORPORATE COMPONENTS WITHIN THE EXISTING FINANCIAL LITERACY CURRICULUM FOR STUDENTS IN GRADES 6 THROUGH 8 BEGINNING WITH THE 2026-2027 SCHOOL YEAR; TO REQUIRE PASSAGE OF A ONE-HALF CARNEGIE UNIT COURSE IN FINANCIAL LITERACY AS A GRADUATION REQUIREMENT FOR ALL PUBLIC SCHOOL STUDENTS, INCLUDING THOSE IN CHARTER SCHOOLS, BEGINNING WITH THE 2031 GRADUATING CLASS; TO ESTABLISH THE FINANCIAL LITERACY TRUST FUND IN THE STATE TREASURY TO SUPPORT FINANCIAL LITERACY EDUCATION; TO REQUIRE THE STATE BOARD OF EDUCATION TO ADMINISTER THE FUND; TO AMEND SECTIONS 37-7-301, 37-16-7 AND 37-28-45 MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
What the bill says
An act to require the state board of education to incorporate components within the existing financial literacy curriculum for students in grades 6 through 8 beginning with the 2026-2027 school year; to require passage of a one-half carnegie unit course in financial literacy as a graduation requirement for all public school students, including those in charter schools, beginning with the 2031 graduating class; to establish the financial literacy trust fund in the state treasury to support financial literacy education; to require the state board of education to administer the fund…
From the introduced text:
AN ACT TO REQUIRE THE STATE BOARD OF EDUCATION TO INCORPORATE COMPONENTS WITHIN THE EXISTING FINANCIAL LITERACY CURRICULUM FOR STUDENTS IN GRADES 6 THROUGH 8 BEGINNING WITH THE 2026-2027 SCHOOL YEAR; TO REQUIRE PASSAGE OF A ONE-HALF CARNEGIE UNIT COURSE IN FINANCIAL LITERACY AS A GRADUATION REQUIREMENT FOR ALL PUBLIC SCHOOL STUDENTS, INCLUDING THOSE IN CHARTER SCHOOLS, BEGINNING WITH THE 2031 GRADUATING CLASS; TO ESTABLISH THE FINANCIAL LITERACY TRUST FUND IN THE STATE TREASURY TO SUPPORT FINANCIAL LITERACY EDUCATION; TO REQUIRE THE STATE BOARD OF EDUCATION TO ADMINISTER THE FUND; TO AMEND SECTIONS 37-7-301, 37-16-7 AND 37-28-45 MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. (1) Beginning with the 2026-2027 academic school year, the State Board of Education shall incorporate financial literacy components within the existing curriculum offered in Grades 6 through 8. This section shall be applicable to all schools accredited by the State Department of Education and public charter schools. (2) Beginning with the graduating class of 2031, each public school student during Grade 9, 10, or 12, shall take and pass a one-half (1/2) Carnegie Unit credit course in personal finance or *HR43/R1641* H. B. No. 994 ~ OFFICIAL ~ G1/2 26/HR43/R1641 PAGE 1 (DJ\KP) a full Carnegie Unit course where …