S 3462 New Jersey Senate · 2026-2027 Regular Session

Requires high school students to receive financial literacy instruction.

This bill requires all New Jersey high school students pursuing a state-endorsed diploma to complete a one-semester financial literacy course. It directly affects high school students by mandating curriculum covering budgeting, savings, credit, debt, taxes, college financial planning, banking, and consumer skills. The course must be taught by teachers with appropriate endorsements and cannot be satisfied by existing economics or business courses. The requirement applies to students entering 12th grade in the 2027-2028 school year.

Issues: ✓ Education

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 9, 2026 Last action Mar 2, 2026

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What changed between versions

Introduced → Reprint · 3 edits

MINOR

The Senate Education Committee amended S3462 to require that high school financial literacy instruction be delivered exclusively in a dedicated course (not combined with other subjects) and replaced the fixed 2027-2028 implementation date with a relative timeline tied to the date of enactment. The bill's explanatory statement was also removed, which is standard for a reprint version.

REQUIREMENT

The high school financial literacy course must now be 'exclusively' in financial literacy, meaning it cannot be combined with other subject matter such as economics or business.

TIMELINE

The implementation date changed from a fixed reference to students entering 12th grade in the 2027-2028 school year to the second full school year following the date of enactment, making the timeline relative rather than absolute.

TECHNICAL

The explanatory statement at the end of the bill was removed, which is a standard formatting change when a bill moves to reprint status.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 2, 2026

Committee

Referred to Senate Budget and Appropriations Committee

upper

Feb 9, 2026

Introduced

Introduced in the Senate, Referred to Senate Education Committee

upper

2 primary · 5 co-sponsors