F lorida C harts
FLORIDA NEWS SUMMARIES Florida just became the largest state to mandate personal finance education in high school
• Florida is officially the largest state to mandate a financial literacy course for high school graduation. On March 22, Florida Gov. Ron DeSantis signed bill SB 1054 into law. The legislation was unanimously passed by both the state House of Representatives and Senate in early March.
• The new law will apply to students entering ninth grade in the 2023-2024 school year and require that they take a half-credit course in personal finance before they graduate.
• Currently, there are 54 personal finance education bills pending in 26 states, according to Next Gen Personal Finance’s bill tracker. Now, 11 states, including Florida, require students to take a stand-alone personal finance course to graduate, which the nonprofit considers the gold standard of such education.
Source: CNBC, March 23, 2022
Florida Gov DeSantis pushes to end Disney selfgovernment
• Florida Gov. Ron DeSantis on Tuesday asked the Legislature to repeal a law allowing Walt Disney
World to operate a private government over its properties in the state, the latest volley in a feud between the governor and the entertainment giant over what critics have dubbed the “Don’t Say Gay” law.
• The Reedy Creek Improvement District is a private government controlled by Disney World and set up by the state Legislature in 1967 that allows it to provide government services such as zoning, fire protection, utilities and infrastructure. • Disney is one of Florida’s biggest private employers: Last year, the company said it had more than 60,000 workers in the state. Republican lawmakers appear receptive to punishing Disney, filing proposals that would dissolve the district by June 2023.
Source: AP News, April 19, 2022
Ron DeSantis signs $1.2 billion in tax breaks for Floridians to fight ‘Bidenflation headwinds,’ though Biden’s stimulus will help pay for it • Floridians will get more than $1.2 billion in tax breaks on a slew of items from diapers to mobile homes thanks to a bill Republican Gov. Ron DeSantis signed into law on Friday.
