McColley Bill to Improve Students' Financial Literacy Becomes Law

COLUMBUS—State Senator Rob McColley (R-Napoleon) this week announced the signing of Senate Bill 1 by Governor DeWine, which will better educate high school students on financial literacy, equipping them with the basic financial skills to be successful in life. “It is our duty as a state to ensure that our education system prepares Ohio students for success. There are few things that will better prepare someone for success than an understanding of basic financial literacy," McColley said. "Thank you to Governor DeWine for signing Senate Bill 1 and ensuring students can leave high school better equipped to start the next chapter of their lives.” The new law requires all Ohio high school students to receive financial literacy instruction from teachers who are properly trained in financial literacy. Senate Bill 1 will also address the current shortage of substitute teachers, allowing districts more flexibility during the 2021-2022 school year in the hiring of substitutes. Learn more about Senate Bill 1 by clicking here.