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AK SB22

Bill

Status

Introduced

1/22/2025

Primary Sponsor

William Wielechowski

Click for details

Origin

Senate

34th Legislature

AI Summary

  • 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

  • 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

  • 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

  • Includes Alaska-specific content on financial implications of membership in Alaska Native corporations established under the Alaska Native Claims Settlement Act

  • 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

Committee Referrals

Finance2/28/2025
Education1/22/2025

Full Bill Text

No bill text available