NevadaSB22983rd Regular Session (2025)Senate

AN ACT relating to education; revising requirements for a pupil to be awarded a State Seal of Financial Literacy; making certain requirements relating to the provision of instruction in financial literacy to pupils enrolled in grades 3 to 12, inclusive, applicable to the provision of such instruction to pupils enrolled in kindergarten and grades 1 and 2; and providing other matters properly relating thereto.

Sponsored By: Duy Nguyen (Democratic), Edgar Flores (Democratic), Marilyn Dondero Loop (Democratic)

Failed

BDR 34-680

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Financial literacy lessons reach Nevada's youngest students

Nevada districts and charter schools must provide financial literacy lessons from kindergarten through grade 12, adding kindergarten and grades 1–2. Lessons must fit students' ages and follow state learning standards within economics, math, or social studies courses. Required topics include budgeting, financial records and planning, banking, credit reports, debt, loan costs and terms, and consumer rights. Lessons also cover saving, investing, compound interest, fraud and identity theft prevention, local, state, and federal taxes, and insurance. College and career planning includes resumes, FAFSA, Western Interstate Commission for Higher Education programs, the Governor Guinn Millennium Scholarship, and the Silver State Opportunity Grant. Students also learn about prepaid tuition and 529 college savings plans. Districts and charter schools must train teachers whose subjects include these lessons, directly or through college or regional training partnerships. They must also encourage volunteers and partnerships to support instruction.

Lower financial literacy seal requirements for graduates

Graduates of participating Nevada schools can earn the State Seal of Financial Literacy under revised requirements. The law lowers the GPA requirement from 3.25 to 3.0 on a 4.0 scale. On an alternative scale approved by the state superintendent, the weighted GPA requirement drops from 3.85 to 3.0. Students also need at least 3 credits in career and technical education, math, or social studies courses related to financial literacy. They must also meet one of three options: earn a B or higher in a college-level course covering financial literacy, including dual credit; score at least 85% on the Nevada Department of Education assessment; or complete a related test, exam, or project from a career and technical student organization affiliated with a state or national organization.

Sponsors & Cosponsors

Sponsors

  • Duy Nguyen

    Democratic • House

  • Edgar Flores

    Democratic • Senate

  • Marilyn Dondero Loop

    Democratic • Senate

Cosponsors

  • Joe Dalia

    Democratic • House

  • Natha C. Anderson

    Democratic • House

  • James Ohrenschall

    Democratic • Senate

  • Julie Pazina

    Democratic • Senate

  • Melanie Scheible

    Democratic • Senate

  • Michelee "Shelly" Cruz-Crawford

    Democratic • Senate

  • Roberta Lange

    Democratic • Senate

  • Rochelle T. Nguyen

    Democratic • Senate

  • Skip Daly

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 21 • No: 0

Senate vote • 5/22/2025

Final Passage - Senate (As Introduced)

Yes: 21 • No: 0

Actions Timeline

  1. (No further action taken.)

    6/3/2025House
  2. Read second time.

    6/1/2025House
  3. Placed on Second Reading File.

    6/1/2025House
  4. From committee: Do pass.

    6/1/2025House
  5. Read first time. Referred to Committee on Ways and Means. To committee.

    5/26/2025House
  6. In Assembly.

    5/26/2025House
  7. From printer. To engrossment. Engrossed. First reprint. To Assembly.

    5/23/2025Senate
  8. Read third time. Passed, as amended. Title approved. (Yeas: 21, Nays: None.) To printer.

    5/22/2025Senate
  9. Reprinting dispensed with.

    5/22/2025Senate
  10. Read third time. Amended. (Amend. No. 729.)

    5/22/2025Senate
  11. Placed on General File.

    5/22/2025Senate
  12. From committee: Amend, and do pass as amended.

    5/22/2025Senate
  13. Taken from General File. Re-referred to Committee on Finance. Exemption effective. To committee.

    3/24/2025Senate
  14. Read second time.

    3/24/2025Senate
  15. Notice of eligibility for exemption.

    3/24/2025Senate
  16. From committee: Do pass.

    3/20/2025Senate
  17. From printer. To committee.

    2/21/2025Senate
  18. Read first time. Referred to Committee on Education. To printer.

    2/20/2025Senate

Bill Text

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