SCH CD-FINANCIAL LITERACY
Summary
Amends the School Code and the State Finance Act. Requires the State Board of Education to develop and adopt curricula, materials, and guidelines for school boards to use in implementing a program of instruction on financial literacy within courses currently offered in public high schools in this State. Lists subject areas that the program must include. Creates the Financial Literacy Fund as a special fund in the State treasury. Provides that all money in the fund shall be used by the State Board to award grants to school districts for certain financial literacy purposes. Allows a school board to establish a special fund, with moneys to be used for certain financial literacy purposes. Requires the State Board to incorporate the elements of the program into Illinois learning standards. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2006
Committee Review
Mar 2006
Senate Passage
Mar 2006
House Passage
Mar 2006
Signed into Law
Jun 2006
Introduced Feb 27, 2006
Signed Jun 26, 2006
Floor votes · Senate Feb 27, 2006 · House Mar 29, 2006
How they voted
46–0
Passed · 9 other
Total votes 55
Feb 27, 2006
D
Democratic29
89% Yea
R
Republican26
76% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
54
Key actions
7
Committee
8
Amendments
6
Jun 26, 2006
Signed into law
Governor Approved
upper
Mar 29, 2006
Upper · Passed
Passed Both Houses
upper
Mar 29, 2006
Introduced
Motion Filed - Move to Previous Question Rep. Calvin L. Giles
lower
Mar 29, 2006
House · Passed
House Vote: pass (60-51-4)
house
Mar 15, 2006
Lower · Passed
Do Pass / Standard Debate Elementary & Secondary Education Committee; 011-010-000
lower
Mar 8, 2006
Committee
Assigned to Elementary & Secondary Education Committee
lower
Feb 28, 2006
Committee
Referred to Rules Committee
lower
Feb 27, 2006
Introduced
Arrived in House
lower
Feb 27, 2006
Amended
Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
upper
Feb 27, 2006
Senate · Passed
Senate Vote: pass (46-0-9)
senate
Feb 24, 2006
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Collins
upper
Feb 24, 2006
Introduced
Senate Floor Amendment No. 2 Recommend Do Adopt Education; 009-000-000
upper
Feb 23, 2006
Introduced
Senate Floor Amendment No. 2 Rules Refers to Education
upper
Feb 22, 2006
Committee
Senate Floor Amendment No. 2 Referred to Rules
upper
Feb 22, 2006
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Jacqueline Y. Collins
upper
Feb 21, 2006
Committee
Senate Floor Amendment No. 1 Referred to Rules
upper
Feb 21, 2006
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins
upper
Feb 1, 2006
Upper · Passed
Do Pass Education; 008-003-000
upper
Jan 12, 2006
Committee
Assigned to Education
upper
Jan 11, 2006
Committee
Referred to Rules
upper
0 primary · 4 co-sponsors
Sponsors
No sponsor information available.
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