Higher educatuonal institutions; to promote certain principles into freshman orientation process. (HB2513)

Introduced By

Del. Dwight Jones (D-Richmond)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Economic education and financial literacy programs at institutions of higher education. Provides that each public two- and four-year institution of higher education must require all first-time entering freshmen to complete a one-hour lecture course on the principles of economics education and financial literacy. The institution may incorporate the course into the orientation process for new students, an existing general education or relevant prerequisite course, or other appropriate venue. The bill expands the subjects that may be covered in such programs to include savings and investments, predatory lending practices and interest rates, consumer fraud, and identity theft and protection. Currently, institutions of higher education are required to make provision to promote the development of student life skills in the areas of economic education and financial literacy through existing general education courses, the freshman orientation process, or another appropriate venue. Read the Bill »


02/19/2007: signed by governor


01/09/2007Prefiled and ordered printed; offered 01/10/07 075166364
01/09/2007Referred to Committee on Education
01/22/2007Reported from Education with substitute (21-Y 0-N) (see vote tally)
01/22/2007Committee substitute printed 072368364-H1
01/23/2007Read first time
01/24/2007Read second time
01/24/2007Committee substitute agreed to 072368364-H1
01/24/2007Engrossed by House - committee substitute HB2513H1
01/25/2007Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/25/2007Communicated to Senate
01/26/2007Constitutional reading dispensed
01/26/2007Referred to Committee on Education and Health
02/02/2007Constitutional reading dispensed (40-Y 0-N)
02/02/2007VOTE: (40-Y 0-N) (see vote tally)
02/05/2007Read third time
02/05/2007Passed Senate (39-Y 0-N)
02/05/2007VOTE: (39-Y 0-N) (see vote tally)
02/12/2007Bill text as passed House and Senate (HB2513ER)
02/12/2007Signed by Speaker
02/12/2007Signed by President
02/19/2007G Approved by Governor-Chapter 47 (effective 7/1/07)
03/13/2007G Acts of Assembly Chapter text (CHAP0047)