Personal financial literacy high school graduation requirement, the official text

2025 - 2026 LEGISLATURE
LRB-6100/1
FFK:skw

2025 SENATE BILL 921
February 2, 2026 - Introduced by Senators Felzkowski, Cabral-Guevara, Pfaff and Quinn, cosponsored by Representatives Dallman, Wittke, Behnke, Dittrich, Donovan, Emerson, Goeben, Goodwin, Green, Gundrum, Knodl, Kreibich, Krug, Kurtz, Melotik, Moses, Murphy, Mursau, O'Connor, Penterman, Prado, Rivera-Wagner, Sinicki, Sortwell, Swearingen, Tucker, Tusler, Udell, VanderMeer, Wichgers, Zimmerman, Steffen and Callahan. Referred to Committee on Financial Institutions and Sporting Heritage.

An Act to amend 118.33 (1) (a) 1. f. of the statutes; relating to: personal financial literacy high school graduation requirement.

Analysis by the Legislative Reference Bureau
Under current law, a school board may grant a high school diploma to a pupil only if the pupil meets specific statutory requirements, including earning a certain number of credits in various subjects in the high school grades. Beginning with pupils graduating in 2028, current law requires that, to receive a high school diploma, a pupil must earn at least one-half credit of personal financial literacy.
Under the bill, a school board must award one-half credit of personal financial literacy to a pupil who successfully completes a financial literacy program offered by a financial institution at a branch located in a school if the school board determines that the financial literacy program satisfies the personal financial literacy requirement. Under the bill, a “financial institution” is a bank, savings bank, savings and loan association, trust company, or credit union chartered under the laws of this state, another state, or territory, or under federal law.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section 1. 118.33 (1) (a) 1. f. of the statutes is amended to read:

118.33 (1) (a) 1. f. At least 0.5 credit of personal financial literacy that includes financial mindset, education and employment, money management, saving and investing, credit and debt, and risk management and insurance. The school board shall award a pupil 0.5 credit of personal financial literacy for successfully completing in the high school grades a financial literacy program offered by a financial institution, as defined in s. 214.01 (1) (jn), through a branch that is located in a school if the school board determines that the financial literacy program satisfies the personal financial literacy requirement under this subd. 1. f.
(end)