HB5533

Illinois HB5533 mandates a one-semester financial literacy course for high school graduation starting in 2029.

HB5533 requires Illinois high school students to complete a one-semester financial literacy course before graduation, starting with the class of 2029. The course, to be taken in grades 11 or 12, covers budgeting, saving, investing, credit management, and consumer protection. The State Board of Education will develop curriculum standards, which may be reviewed and updated every five years. Schools can use public and private funds to support financial literacy education, including teacher training and student competitions.