House
Signed By Governor
2025 Regular Session

HB342

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AN ACT relating to financial literacy.

Amend KRS 158.1411 to require one credit in financial literacy during the eleventh or twelfth grade for students entering grade nine during or after the 2026-2027 school year; direct minimum topics to be covered in the course; direct that the financial literacy course be accepted as a math, social studies, or elective course graduation requirement; require the Department of Education, in collaboration with the Kentucky Financial Empowerment Commission, to determine which courses meet the financial literacy course requirement.

Education, Elementary and SecondaryFinancial ResponsibilityState AgenciesBoards and Commissions

Introduced: February 5, 2025

Last action: March 24, 2025

Signed By Governor (Acts Ch. 58)
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This bill requires Kentucky high school students who enter ninth grade in the 2026-2027 school year or later to complete one credit of financial literacy in eleventh or twelfth grade. The course must cover specific financial topics and can count toward a student's math, social studies, or elective graduation requirements. The Kentucky Department of Education, working with the Kentucky Financial Empowerment Commission, will determine which courses qualify. Who it may affect: high school students, parents, and public school educators across Kentucky.

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Legislative History

Feb 5, 2025 · House
Introduced In House
Feb 5, 2025 · House
To Committee On Committees (H)
Feb 7, 2025 · House
To Primary And Secondary Education (H)
Feb 26, 2025 · House
Reported Favorably, 1st Reading, To Calendar
Feb 27, 2025 · House
2nd Reading, To Rules (clerical)
Feb 27, 2025 · House
Posted For Passage In The Regular Orders Of The Day For Friday, February 28, 2025 (clerical)
Mar 4, 2025 · House
3rd Reading, Passed 98-0
Yea: 98
Nay: 0
Absent: 2
LegiScan roll call
Mar 5, 2025 · Senate
Received In Senate
Mar 14, 2025 · Senate
3rd Reading, Passed 36-0 With Committee Substitute (1)
Yea: 36
Nay: 0
Absent: 2
LegiScan roll call
Mar 14, 2025 · House
Passed 89-0
Yea: 89
Nay: 0
Absent: 11
LegiScan roll call

Primary Sponsor

Portrait of Michael Meredith
Michael Meredith

Representative · House District 019

Primary sponsor
Michael.Meredith@kylegislature.gov
BallotpediaOfficial profile

Co-sponsors (6)

Portrait of Steve Bratcher
Steve Bratcher

Representative · House District 025

Co-sponsor
steve.bratcher@kylegislature.gov
Portrait of Beverly Chester-Burton
Beverly Chester-Burton

Representative · House District 044

Co-sponsor
beverly.chesterburton@kylegislature.gov
Portrait of Daniel Elliott
Daniel Elliott

Representative · House District 054

Co-sponsor
Daniel.Elliott@kylegislature.gov
Portrait of Ken Fleming
Ken Fleming

Representative · House District 048

Co-sponsor
Ken.Fleming@kylegislature.gov
Portrait of Vanessa Grossl
Vanessa Grossl

Representative · House District 088

Co-sponsor
vanessa.grossl@kylegislature.gov
Portrait of Sarah Stalker
Sarah Stalker

Representative · House District 034

Co-sponsor
sarah.stalker@kylegislature.gov

Bill Text Versions

Enacted — Acts chapter (final law)

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Enrolled (passed both chambers)

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Engrossed (passed one chamber)

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Introduced (original)

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