SACRAMENTO – Today, Assemblymember Alanis announced that his financial literacy bill, AB 1871, passed off the Assembly Floor unanimously. This is the Assemblyman’s fourth bill to pass through the Assembly so far this year.
“This bill is a common-sense measure that would ensure students learn important financial skills like filing taxes, taking out loans, budgeting, and more,” said Assemblyman Alanis. “Learning about personal finance can change someone’s life, and unfortunately, not everyone has the opportunity to learn. It should be an educational priority for all California students.”
AB 1871 is a measure that would require schools to teach personal finance as part of student’s social studies coursework before they graduate high school. The proposal passed through the Assembly with zero opposition and is now awaiting referral to a policy committee in the California State Senate. The bill is also part of Assemblyman Alanis’ education package introduced this year.
Assemblymember Juan Alanis represents the 22nd Assembly District, which includes the communities of Modesto, Turlock, Ceres, Denair, Patterson, Gustine, Newman, Hilmar, Ballico, Snelling, Keyes, Grayson, Crows Landing, Diablo Grande, Stevinson, & Empire.