The proposed 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 Native corporation membership. To graduate, students must complete this financial literacy program, which is equivalent to a half-credit course. However, exceptions are made for students who transfer into the district after completing grade 10.

The bill also specifies that it will apply to students graduating on or after January 1, 2027, and it will take effect on July 1, 2026. The definitions of "open educational resource" and "school district" are included to clarify the terms used in the legislation. Overall, the bill aims to enhance financial literacy among high school students, preparing them for real-world financial responsibilities.

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