IN SB0418

Requires public school corporations to provide financial literacy instruction in grades 6-12, excluding charter schools from this requirement.

Establishes a financial literacy task force composed of 7 teachers in relevant subjects and 5 banking industry representatives to develop guidelines and model curricula.

Creates a state financial literacy resource program to support schools through resource centers, professional development, research services, and technical assistance.

Establishes a financial literacy grant fund to help schools implement financial literacy instruction, consisting of state appropriations, gifts, donations, and private grants.

Requires schools receiving grants to submit annual reports documenting programs funded, student assessment results, and program effectiveness; effective July 1, 2013.