§ 6-60-117 — Personal finance and macroeconomics action plan

Arkansas § 6-60-117

• Jurisdiction: Arkansas
• Title: 6

Text

(a) By August 1, 2022, the Division of Higher Education, in collaboration with all public university and community college presidents and chancellors or their designees, shall develop an asynchronous module on the concepts of personal finance and macroeconomics. (b) The module shall: (1) Be taken by all students in accordance with the rules developed by the division; (2) Incorporate personal finance and macroeconomics information for students through advising and student orientation; (3) Integrate information about personal finance and macroeconomics into academic courses if and when appropriate; (4) Identify opportunities to increase awareness and knowledge of and provide resources for personal finance and macroeconomics across the entire student population; and (5) Identify other topics or issues relating to personal finance and macroeconomics. (c) If an institution of higher education has already implemented any portion of this module as described in subsection (b) of this section, the institution of higher education may submit a report to the division detailing the portion of this module that the institution of higher education has fulfilled. (d) The division shall: (1) Present the module to the Legislative Council upon its completion but no later than August 1, 2022; and (2) Report on the status of the module annually to: (A) The Chair of the Senate Committee on Education; and (B) The Chair of the House Committee on Education. (e) The division may: (1) Promulgate rules to implement this section; and (2) Work with other organizations to develop the module required under this section.

Legislative History

Added by Act 2021, No. 1038,§ 2, eff. 7/28/2021.