(1) By September 30, 2004, the financial literacy public-private partnership shall adopt a definition of financial literacy to be used in educational efforts.

     (2) By June 30, 2009, the financial literacy public-private partnership shall identify strategies to increase the financial literacy of public school students in our state. To the extent funds are available, strategies to be considered by the partnership shall include, but not be limited to:

     (a) Identifying and making available to school districts:

     (i) Important financial literacy skills and knowledge;

     (ii) Ways in which teachers at different grade levels may integrate financial literacy in mathematics, social studies, and other course content areas;

     (iii) Instructional materials and programs, including schoolwide programs, that include the important financial literacy skills and knowledge;

     (iv) Assessments and other outcome measures that schools and communities may use to determine whether students are financially literate; and

     (v) Other strategies for expanding and increasing the quality of financial literacy instruction in public schools, including professional development for teachers;

     (b) Developing a structure and set of operating principles for the financial literacy public-private partnership to assist interested school districts in improving the financial literacy of their students by providing such things as financial literacy instructional materials and professional development; and

     (c) Providing a report to the governor, the house and senate financial institutions and education committees of the legislature, the superintendent of public instruction, the state board of education, and education stakeholder groups, on the results of work of the financial literacy public-private partnership. An interim report shall be submitted to the same parties by June 30, 2007, with a final report by June 30, 2009.

[2007 c 459 § 1; 2005 c 277 § 2; 2004 c 247 § 3.]

NOTES:

     Effective date -- 2007 c 459: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately [May 14, 2007]." [2007 c 459 § 5.]

     Intent -- 2005 c 277: "The legislature has directed the financial literacy public-private partnership to complete certain tasks to support efforts to increase the level of financial literacy in the common schools. In order to promote a greater understanding by students of the consequences of a dishonored check, the legislature intends to extend by one year the date by which the financial literacy public-private partnership must identify strategies to increase the financial literacy of public school students in Washington." [2005 c 277 § 1.]

     Findings -- Intent -- 2004 c 247: See note following RCW 28A.300.450.