Financial Literacy Graduation Requirement

The header text was updated from 'REREVISED' to 'REVISED' to reflect the current stage of the legislative process, and the Senate sponsorship list was modified to remove co-sponsors who are no longer listed, likely because they withdrew or the list was updated for accuracy.

Removed specific grade level requirements (9th through 12th grade) for when financial literacy courses must be taught, giving schools more flexibility in implementation.

Simplified the legislative declaration by removing several subsections about career pathways and financial aid, focusing instead on the core financial literacy standards and application completion requirements.

Added language allowing local education providers to determine curriculum, materials, and teaching methods for financial literacy courses, including practicing filling out financial aid forms.

Removed the specific implementation date (September 1, 2026) for when the section applies to students beginning ninth grade.

Added committee sponsorship lists and reading dates that were missing from the original version, along with updated bill summary information.

Removed the requirement that students must submit federal or state financial aid applications as a condition of high school graduation.

Deleted statutory language mandating submission of financial aid applications for students seeking postsecondary education credentials.

Shortened the bill title to remove reference to financial aid application requirements.

Removed legislative findings explaining why financial aid application completion is important for career pathways and the Colorado Promise tax credit.

Changed financial literacy course completion from an encouraged practice to a mandatory condition for high school graduation.

Updated the grade level requirement from 11th or 12th grade to allow teaching in 9th through 12th grade, with encouragement for 11th or 12th grade.

Added new legislative findings emphasizing that standalone financial literacy courses in 11th or 12th grade deliver the greatest impact on student financial management skills.

Removed detailed language about local education provider discretion regarding curriculum and materials, consolidating this into existing statutes.

Added specific exceptions for students who affirmatively decline to practice filling out financial aid applications or when school personnel determine it is not feasible.

Revised the definition of financial literacy course to explicitly reference standards developed by the State Board of Education and Section 22-7-1005 (2.8).

Reorganized bill structure and formatting to align with standard legislative drafting conventions and committee amendment markup.

Added additional co-sponsors to the House Bill sponsorship list (Bird, Camacho, Clifford, Duran, English, Gilchrist, Gonzalez R., Joseph, Lindsay, McCluskie, Phillips, Rutinel, Soper, Taggart, Titone, Valdez, Willford).

Updated the bill summary header to reflect 'REENGROSSED' status and added a note indicating the summary applies to the reengrossed version with a date stamp of April 28, 2025.

Removed the 'ENGROSSED' header and related amendment adoption language, as the bill has been reengrossed.

Added an appropriation clause to fund the implementation of the financial literacy graduation requirement.

Changed the financial literacy course requirement from grades 11-12 to grades 9-12, with encouragement to teach it in 11-12.

Added language giving local education providers broad discretion to determine how financial literacy courses are implemented, including curriculum and teaching methods.

Modified the financial aid application requirement to require students to 'understand and practice using' applications rather than just completing them.