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AK SB22
Bill
Status
1/22/2025
Primary Sponsor
William Wielechowski
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AI Summary
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Requires each Alaska school district to establish a financial literacy education program for students in grades 9-12, with curriculum approved by the Department of Education
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Mandates completion of the financial literacy program (equivalent to one-half credit hour) as a requirement for high school graduation, beginning with students graduating on or after January 1, 2027
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Curriculum must cover 15 topics including budgeting, credit management, federal income taxes, loan applications, personal insurance, retirement accounts, avoiding fraud and predatory lending, and postsecondary financial aid
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Includes Alaska-specific content on financial implications of membership in Alaska Native corporations established under the Alaska Native Claims Settlement Act
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Department must curate and update (at least every five years) a list of open educational resources for districts to use; transfer students who completed grade 10 elsewhere are exempt from the requirement
Legislative Description
Financial Literacy Program In Schools
Education
Last Action
REFERRED TO FINANCE
2/28/2025