MA H46

Establishes the Financial Literacy Trust Fund, administered by the Commissioner of Elementary and Secondary Education, funded through appropriations, interest, and public/private donations with money not reverting to the General Fund at fiscal year end

Fund expenditures support curriculum development and teacher professional development for financial literacy at elementary, middle, and high school levels, with priority given to economically disadvantaged school districts and schools implementing programs for the first time

Private donations must be reviewed and approved by the commissioner to ensure no conditions that could compromise neutral teaching or unduly influence education policy

Expands required financial literacy standards to cover 15 topic areas including loans, credit, investments, taxes, retirement planning, home buying, identity theft protection, and emerging technologies like cryptocurrencies

Changes financial literacy instruction from optional ("may") to mandatory ("shall"), taking effect one full academic year after enactment, with annual reporting to the legislature due by October 1