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Bill > HB90


AK HB90

Financial Literacy Program In Schools


summary

Introduced
02/10/2025
In Committee
04/23/2025
Crossed Over
Passed
Dead

Introduced Session

34th Legislature

Bill Summary

An Act establishing a financial literacy education program for public schools; and providing for an effective date.

AI Summary

This bill establishes a mandatory financial literacy education program for all high school students in Alaska, requiring school districts to provide instruction equivalent to a half-credit course for students in grades 9-12. The comprehensive program must cover 15 specific financial topics, including banking, budgeting, debt management, loan applications, insurance, taxes, fraud prevention, savings, investments, retirement accounts, inheritance, financial aid, and notably includes a unique provision about financial implications for Native corporation members. Students must complete this program to receive a high school diploma, with a limited exception for transfer students who enter after 10th grade. The state's education department will curate and maintain a list of open educational resources (free, adaptable learning materials) to support districts in implementing the program. The bill is set to apply to students graduating on or after January 1, 2027, with implementation beginning July 1, 2026, giving schools time to develop and integrate the required curriculum.

Committee Categories

Budget and Finance, Education

Sponsors (1)

Last Action

House Finance Hearing (10:00:00 5/15/2025 Adams 519) (on 05/15/2025)

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