District of Columbia

• In August 2008, the District of Columbia Council approved the creation of a Financial Literacy Council to "provide for the financial education of the students of the District of Columbia Public Schools." The Financial Literacy Council will be launched in 2009. (Link to District of Columbia Council)

Maryland

• In April 2008, the Maryland General Assembly approved House Bill 1242 / Senate Bill 533, a measure creating a "Task Force to Study How to Improve Financial Literacy in the State." (Link to House Bill / Link to Senate Bill)
  
  
• In December 2008, the Task Force issued a preliminary report that recommended the adoption of K-12 personal financial literacy standards. (Link to Task Force)
  
  
• In the spring of 2009, the Maryland House and Senate introduced House Bill 120 / Senate Bill 140, a measure to extend the Task Force to allow for another year of study. (Link to House Bill / Link to Senate Bill)
  
  
• In the spring of 2009, the Maryland House and Senate introduced House Bill 1502 / Senate Bill 500, which would require the Prince George's County Board of Education to develop and implement financial literacy curriculum for its students. (Link to House Bill / Link to Senate Bill)
  
  
• In the spring of 2010, the Maryland House and Senate introduced House Bill 335 / Senate Bill 264, which would require students to complete a financial literacy course prior to graduation. (Link to House Bill / Link to Senate Bill)

Virginia

• In March 2005, the Virginia General Assembly approved Senate Bill 950, a bill directing the Virginia Board of Education to "establish objectives for economic education and financial literacy" to be required of all students at the middle and high school levels. (Link to Senate Bill)
  
  
• In April 2006, the Board of Education adopted "Economics Education and Financial Literacy: Objectives and Correlations to Mathematics and History and Social Science Standards of Learning and Career and Technical Education Competencies." The report outlines economics education and financial literacy objectives required of all students at the middle and high school levels. (Link to Department of Education)
  
  
• In May 2008, the Fairfax County School Board approved the creation of the Junior Achievement Finance Park at Frost Middle School in Fairfax, VA, as the project supported the board's goal of financial competency for their students. (Link to School Board)
  
  
• On April 27, 2010, the Fairfax County Board of Supervisors unanimously passed a proclamation recognizing Junior Achievement's partnership with FCPS, including the construction of Junior Achievement Finance Park. (Link to Board of Supervisors)
  
  

National

• Founded in January 2008, the President's Advisory Council on Financial Literacy established for the first time that it is the "policy of the Federal Government to encourage financial literacy among the American people." In January 2009 the Council presented 15 recommendations to the President, the first of which calls for the United States Congress or state legislature to mandate financial education in all schools for all K-12 students. Junior Achievement's national CEO is an active member of the Council. (Link to Office of Financial Education)
  
  
• In January 2009, the US Treasury Department reported the failing grade of "56%" as the average score for high school students participating in the national Financial Literacy Challenge, a voluntary 35-question test that high school students could take to assess their financial knowledge. Junior Achievement consulted with the Treasury Department on the development of the Challenge questions. (Link to Department of the Treasury)