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Alaska2026Passed Legislature

HB90

Financial Literacy Program in Alaska Public Schools

Last scannedSep 12, 2026, 4:46 AM

In one sentence

This law requires public school districts to create a financial literacy program for high school students that must be completed before receiving a diploma.

What it does

  • Requires each school district to establish a financial literacy education program for students in grades nine through twelve.
  • Mandates that the Department of Education approve and provide free teaching materials covering specific money topics.
  • Sets a requirement that instruction must equal at least half a credit hour in total time.
  • Makes completing this program necessary before a student can receive a high school diploma, with an exception for late transfers.
  • Updates the list of approved educational resources at least once every five years.

Who it affects

  • Public school districts in Alaska
  • Students who will graduate from high school on or after January 1, 2027
  • The Department of Education

Limits and unknowns

  • Students who transfer into an Alaska school district after finishing tenth grade do not need to complete the program.
  • Resources about Native corporation financial benefits are included in the list only if those materials exist.
  • The law does not specify how schools must schedule or teach these lessons, other than covering certain topics.

Plain language

Terms to know

Open educational resource
Teaching materials that are free to use and can be changed or shared by others without cost.
Credit hour
A measure of class time; this program requires half the amount of a full course.

Official record

Sources

Validated

Official summary

FINANCIAL LITERACY PROGRAM IN SCHOOLS An Act establishing a financial literacy education program for public schools; and providing for an effective date.

Official activity

Bill history

  1. (H) Minutes (HFIN)Min
  2. (H) Heard & Held -- Please Note Time Change --Text
  3. (H) FINANCE at 10:00 AM ADAMS 519Text
  4. (H) Minutes (HFIN)Min
  5. (H) Heard & Held -- Please Note Time Change --Text
  6. (H) FINANCE at 09:00 AM ADAMS 519Text
  7. (H) Minutes (HEDC)Min
  8. (H) Moved HB 90 Out of CommitteeText
  9. (H) EDUCATION at 08:00 AM DAVIS 106Text
  10. (H) REFERRED TO FINANCE857
  11. (H) FN1: (EED)857
  12. (H) AM: HIMSCHOOT, STORY857
  13. (H) NR: ELAM857
  14. (H) DNP: SCHWANKE857
  15. (H) DP: UNDERWOOD, DIBERT, EISCHEID857
  16. (H) EDC RPT 3DP 1DNP 1NR 2AM857
  17. (H) -- MEETING CANCELED --Text
  18. (H) EDUCATION at 08:00 AM DAVIS 106Text
  19. (H) Minutes (HEDC)Min
  20. (H) Heard & HeldText