This bill establishes a financial literacy education program for public school students in grades nine through twelve in Alaska. Each school district is required to implement this program, which must be approved by the state department. The department will provide a curated list of open educational resources covering various financial topics, including budgeting, money management, loans, insurance, taxes, and the financial implications of being part of a Native corporation. Importantly, students must complete this financial literacy program to receive a high school diploma, although exceptions are made for students who transfer after completing grade 10.

The bill also defines "open educational resource" and clarifies that the new requirements will apply to students graduating on or after January 1, 2027. The effective date for the implementation of this act is set for July 1, 2026. This initiative aims to equip students with essential financial knowledge and skills necessary for their future financial well-being.

Statutes affected:
HB0090A, AM HB 90, introduced 02/10/2025: 14.30.350