1.1 	A bill for an act
1.2 	relating to education; requiring personal finance for high school graduation;
1.3 	amending Minnesota Statutes 2018, section 120B.024, subdivision 1.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2018, section 120B.024, subdivision 1, is amended to read:
1.6 		Subdivision 1.Graduation requirements.  Students beginning 9th grade in the 2011-2012 
1.7 	school year and later must successfully complete the following high school level credits for 
1.8 	graduation:
1.9 	(1) four credits of language arts sufficient to satisfy all of the academic standards in 
1.10 	English language arts;
1.11 	(2) three credits of mathematics, including an algebra II credit or its equivalent, sufficient 
1.12 	to satisfy all of the academic standards in mathematics;
1.13 	(3) an algebra I credit by the end of 8th grade sufficient to satisfy all of the 8th grade 
1.14 	standards in mathematics;
1.15 	(4) three credits of science, including at least one credit of biology, one credit of chemistry 
1.16 	or physics, and one elective credit of science. The combination of credits under this clause 
1.17 	must be sufficient to satisfy (i) all of the academic standards in either chemistry or physics 
1.18 	and (ii) all other academic standards in science;
1.19 	(5) three and one-half credits of social studies, encompassing at least United States 
1.20 	history, geography, government and citizenship, world history, and economics sufficient 
1.21 	to satisfy all of the academic standards in social studies;
2.1 	(6) one credit of the arts sufficient to satisfy all of the state or local academic standards 
2.2 	in the arts; and
2.3 	(7) a minimum of sevensix and one-half elective credits; and
2.4 	(8) at least one-half credit for a course in personal finance.

2.5 	EFFECTIVE DATE. This section is effective for students beginning 9th grade in the 
2.6 	2020-2021 school year and later.