(a) The county board may develop curriculum content for a hands-on course in financial literacy to be offered to all students in the eighth grade. (b) The curriculum content shall include instruction regarding: (1) Identification of services provided by financial institutions; (2) Debit cards and their uses; (3) Interest and credit; (4) Savings and investing; (5) The differences among sales, income, and property taxes, and the purpose of each type of tax; (6) The basic principles of Social Security; (7) Net monthly income; and (8) Household budgeting. (c) Beginning in the 2013-2014 school year, the county board may implement the financial literacy curriculum content developed under subsection (a) of this section in every middle school in the county.
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