WHEELERweek – Consumer Education

As published by The Wheeler Report (Gongwer News Service)– 10/13/1972…

CONSUMER AFFAIRS COUNCIL TO ASK LEGISLATION ON MANDATORY CONSUMER EDUCATION

The Council for Consumer Affairs, meeting at 10 a.m. Tuesday in Governor Lucey’s conference room at the Capitol, will be asked to sponsor legislation requiring mandatory K-12 consumer education. 

History..

According to the 1973 Wisconsin Blue Book the council’s tasks included: “to serve as a focal point on citizen complaints, to review and evaluate the conduct and organization of existing activities in order to suggest program changes to the legislature, to recommend new state and/or local activities, and to review the impact of federal legislation on Wisconsin consumer protection activities.”

1973 AB-1031 was introduced on May 24, 1973 (Journal Pg. 1555) at the request of the Wisconsin Council for Consumer Affairs. The bill required DPI to develop instruction guidelines for schools, and also required school districts to annually report on their program.

Two other bills dealing with consumer education in schools were also introduced in 1973: AB-100 by Rep. Sanasarian (Journal Pg. 115) and SB-217 (Journal Pg. 381) introduced at the request of AG Robert Warren.

And Today …

AB-280 / SB-212

Bills requiring financial literacy standards in schools were introduced earlier this session.  The bills require school boards to “adopt academic standards for financial literacy and incorporate instruction in financial literacy into the curriculum in grades kindergarten to 12.”

  • Authors: Rep. Scott Krug (R-Nekoosa), Sen. Chris Kapenga (R-Delafield)
  • Current status: AB-280 passed the Assembly on a voice vote and is currently in Senate Education Committee. SB-212 is currently in Senate Education Committee and has not been scheduled for a hearing.
  • Krug release on passage
  • Kapenga release