Gov. Ron DeSantis signs HB 7071 into law

Congrats to the LSCU & Affiliates advocacy team! Gov. Ron DeSantis signed HB 7071 into law on June 24, requiring all of Florida’s school districts to offer a half credit elective on financial literacy. Financial literacy will now be the only elective that is required to be offered in every school district. While the League […]

Congrats to the LSCU & Affiliates advocacy team! Gov. Ron DeSantis signed HB 7071 into law on June 24, requiring all of Florida’s school districts to offer a half credit elective on financial literacy. Financial literacy will now be the only elective that is required to be offered in every school district.

While the League sought legislation to make financial literacy a requirement for high school graduation, this is a tremendous step in the right direction. This is a culmination of several years of work toward educating lawmakers on the importance of financial literacy for young people and the significance of the credit union movement. The law becomes effective July 1, 2019.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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