Bill > SB22

This bill establishes a mandatory financial literacy education program for high school students in Alaska, requiring school districts to provide at least a half-credit worth of instruction covering 15 key financial topics including banking, budgeting, debt management, loan applications, insurance, taxes, fraud prevention, investments, retirement accounts, and specific financial considerations for Alaska Native Corporation members. The program must be approved by the state department of education, which will curate and maintain a list of open educational resources (freely accessible learning materials) to support implementation. Students must complete this program to receive a high school diploma, with an exception for students who transfer into an Alaska school district after 10th grade. The bill specifies that the program will apply to students graduating high school on or after January 1, 2027, with the act taking effect on July 1, 2026. The comprehensive curriculum aims to equip students with practical financial knowledge and skills essential for managing personal finances and making informed financial decisions.

Budget and Finance, Education

https://www.akleg.gov/basis/Bill/Detail/34?Root=SB22