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SF 1264

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Rtf

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11 1.12

A bill for an act
 relating to higher education; requiring information and skills training in personal
financial management; proposing coding for new law in Minnesota Statutes,
chapter 135A.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [135A.135] PERSONAL FINANCIAL MANAGEMENT.
 new text end

new text begin During initial student registration, each technical college, community college, or
state university shall, and the University of Minnesota is requested to, provide each
student information and skills training in personal financial management. Students should
understand and be able to manage personal finances including, but not limited to, the
responsible use of consumer credit. This requirement may be waived for a student who
enrolls in a college course providing similar instruction.
 new text end