Alaska2026Passed Legislature
SB22
Alaska SB 22: Financial Literacy Program in Public Schools
Last scannedSep 20, 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
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
- (S) Minutes (SFIN)Min
- (S) Heard & HeldText
- (S) FINANCE at 09:00 AM SENATE FINANCE 532Text
- (S) REFERRED TO FINANCE380
- (S) FN1: (EED)380
- (S) NR: BJORKMAN380
- (S) DP: TOBIN, CRONK, STEVENS, KIEHL380
- (S) EDC RPT 4DP 1NR380
- (S) Minutes (SEDC)Min
- (S) Moved SB 22 Out of Committee **Streamed live on AKL.tv**Text
- (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
- (S) Minutes (SEDC)Min
- (S) Heard & HeldText
- (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
- (S) -- Public Testimony -- -- MEETING CANCELED --Text
- (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
- (S) Minutes (SEDC)Min
- (S) Heard & HeldText
- (S) EDUCATION at 03:30 PM BELTZ 105 (TSBldg)Text
- (S) -- Invited & Public Testimony -- -- MEETING CANCELED --Text