MA H636

Establishes a Financial Literacy Trust Fund administered by the Commissioner of Elementary and Secondary Education, funded through appropriations, interest, and public/private gifts, grants, and donations

Changes financial literacy education from optional ("may") to mandatory ("shall") for Massachusetts public schools, taking effect one full academic year after enactment

Requires curriculum to cover 15 topic areas including loans, credit, investing, taxes, retirement planning, home buying, identity theft protection, and emerging technologies like cryptocurrencies

Prioritizes funding for underserved communities and schools with high concentrations of economically disadvantaged students, as well as schools implementing financial literacy programs for the first time

Mandates annual reporting by October 1 to the legislature on fund activity, including sources of revenue, expenditures, grants provided, and number of schools implementing programs