ENTREPRENEURSHIP; GRADES 9-12                                                 H.B. 4074:

                                                                  SUMMARY OF HOUSE-PASSED BILL

                                                                                              IN COMMITTEE

 

 

 

 

 

 

House Bill 4074 (as passed by the House)

Sponsor:  Representative Tommy Brann

House Committee:  Education

Senate Committee:  Education and Career Readiness

 

Date Completed:  1-18-22

 


CONTENT

 

The bill would amend the Revised School Code to do the following:         

 

 --   Encourage the board of a school district or a public school academy (PSA), beginning with the 2021-2022 school year, to ensure that the district or PSA's social studies curriculum for grades 9 to 12 included instruction in free enterprise and entrepreneurship.

 --   Specify that the program of instruction would have to be project-based and could provide instruction on any of the subjects listed in the bill.

 

The bill would take effect 90 days after enactment.

 

Under the bill, beginning with the 2021-2022 school year, the board of a school district or board of directors of a PSA would be encouraged to ensure that the district's or PSA's social studies curriculum for grades 9 to 12 included a program of instruction in free enterprise and entrepreneurship. The bill would not preclude a district or PSA from including this instruction in other areas or grade levels.

 

A program of instruction would have to be project-based and could provide instruction on any of the following subjects:

 

   --   Business vocabulary, including entrepreneurship, free enterprise, business finance, goods and services, and innovation.

   --   Entrepreneurs from Michigan and around the world.

   --   Action activities, including setting short-term and long-term goals.

   --   Business basics, including taxes for businesses and corporations, essential skills for business owners, and product- and service-based business ideas.

   --   Creating a student project-based business plan.

 

"Entrepreneur" would mean an individual who organizes and operates a business or businesses and takes on greater than normal financial risks to do so.

 

Proposed MCL 380.1166b                                 Legislative Analyst:  Dana Adams

 

FISCAL IMPACT

 

The bill would have no fiscal impact on the State or local intermediate school districts, school districts, or charter schools.

 

                                                                            Fiscal Analyst:  Cory Savino

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.