The 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 that cover various financial topics, including budgeting, money management, loan applications, and the financial implications of being a member 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 into the district after completing grade 10.

The bill also specifies that the financial literacy program must include instruction on a range of topics, such as managing accounts, understanding credit, and navigating financial aid. The program's resources will be updated every five years, ensuring that the curriculum remains relevant. The law will apply to students graduating on or after January 1, 2027, and the act is set to take effect on July 1, 2026.

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