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SB22

Alaska SB 22: Financial Literacy Program in Public Schools

Last scannedSep 10, 2026, 12:32 AM

In one sentence

This law requires Alaska public school districts to create a financial literacy program for high school students that they must complete to earn their diploma.

What it does

  • Requires each school district to establish a financial education program for grades nine through twelve approved by the state department.
  • Mandates that the total instruction time equals at least one-half credit hour of coursework.
  • Makes completion of this program necessary before a student can receive a high school diploma, with an exception for late transfers.
  • Directs the state department to create and update a list of approved open educational resources every five years covering specific financial topics.
  • Lists required topics including managing accounts, budgeting, credit scores, taxes, avoiding fraud, investments, retirement accounts, and Native corporation dividends.

Who it affects

  • Public school districts in Alaska
  • Students in grades nine through twelve who plan to graduate on or after January 1, 2027
  • The state department responsible for approving the program resources

Limits and unknowns

  • Students who transfer into an Alaska district after finishing grade ten do not need this program for their diploma.
  • The law does not specify how much money will be provided to schools to run these programs.
  • School districts may choose which specific courses or methods they use as long as the topics and time requirements are met.

Plain language

Terms to know

Open educational resource
Learning materials that are free to use and can be shared or changed by others.
One-half credit hour course
A class size equal to half of a standard high school semester course in total teaching time.

Official record

Sources

Validated
Official bill pageIntroduced textCurrent bill text

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. (S) Minutes (SFIN)Min
  2. (S) Heard & HeldText
  3. (S) FINANCE at 09:00 AM SENATE FINANCE 532Text
  4. (S) REFERRED TO FINANCE380
  5. (S) FN1: (EED)380
  6. (S) NR: BJORKMAN380
  7. (S) DP: TOBIN, CRONK, STEVENS, KIEHL380
  8. (S) EDC RPT 4DP 1NR380
  9. (S) Minutes (SEDC)Min
  10. (S) Moved SB 22 Out of Committee **Streamed live on AKL.tv**Text
  11. (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
  12. (S) Minutes (SEDC)Min
  13. (S) Heard & HeldText
  14. (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
  15. (S) -- Public Testimony -- -- MEETING CANCELED --Text
  16. (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
  17. (S) Minutes (SEDC)Min
  18. (S) Heard & HeldText
  19. (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
  20. (S) -- Invited & Public Testimony -- -- MEETING CANCELED --Text