Alaska 34th Alaska State Legislature Status: In Committee 1 D cosponsors

HB 90 — An Act establishing a financial literacy education program for public schools; and providing for an effective date.

Last action — (H) Minutes (HFIN)

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced February 10, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Stalled 16% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

How this bill changes current law

3 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill establishes a financial literacy education program for public high schools in Alaska.

  • AS 14.30

    Article 17. Financial Literacy Education Program. Sec. 14.30.850. Financial literacy education program. (a) Each school district shall establish a literacy education program for students in grades nine through 12. The program must be approved by the department. The department shall curate and make available to school districts a list of open educational resources that are approved by the department that in combination address the topics listed in (1) - (14) of this subsection. The list shall include open educational resources that address the topic listed in (15) of this subsection if those resources are available. The department shall update this list at least once every five years. A school district may provide the program through one or more courses offered by the school district, but the program's hours of instruction must in the aggregate be equivalent to a one-half credit hour course. A school may not issue a high school diploma to a student unless the student has completed a financial literacy program under this section. The program must include, to the maximum extent practicable, discussion of or instruction on (1) different types of financial institutions and opening and managing an account with a financial institution; (2) making a budget; (3) basic principles of money management, including spending, credit, credit scores, and managing retail debt, credit card debt, and other types of debt; (4) basic principles of completing a loan application; (5) basic principles of personal insurance policies; (6) basic computation of federal income taxes; (7) avoiding fraud, financial deception, and predatory lending practices; (8) simple contracts; (9) contesting an incorrect billing statement; (10) computing interest rates by various mechanisms; (11) types of savings and investments; (12) basic principles of retirement accounts; (13) receiving an inheritance and related financial implications; (14) postsecondary financial aid and scholarships; and (15) financial implications of being a member or a beneficiary of a Native corporation established under 43 U.S.C. 1601 et seq. (Alaska Native Claims Settlement Act) or a similar entity, including payment of dividends and issuance of shares. (b) Notwithstanding (a) of this section, a school may issue a secondary school diploma to a student who has not completed the program described in (a) of this section if the student transferred into the school district from another school district, state, or country after completing grade 10. (c) In this section, (1) "open educational resource" means learning, teaching, or research material in any format that resides in the public domain or is under copyright and has been released under an open license that permits access at no cost as well as reuse, repurpose, adaptation, and redistribution by others; (2) "school district" has the meaning given in AS 14.30.350.

    This creates a mandatory financial literacy program for high school students in Alaska and establishes criteria for diploma issuance.

  • APPLICABILITY. This Act applies to students who will graduate from high school on or after January 1, 2027.

    This specifies when the new requirements will take effect.

  • This Act takes effect July 1, 2026.

    This sets the effective date for the implementation of the financial literacy education program.

Action History

  1. (H) Minutes (HFIN)

  2. (H) Heard & Held -- Please Note Time Change --

  3. (H) FINANCE at 10:00 AM ADAMS 519

  4. (H) Minutes (HFIN)

  5. (H) Heard & Held -- Please Note Time Change --

  6. (H) FINANCE at 09:00 AM ADAMS 519

  7. (H) Minutes (HEDC)

  8. (H) Moved HB 90 Out of Committee

  9. (H) EDUCATION at 08:00 AM DAVIS 106

  10. (H) REFERRED TO FINANCE

  11. (H) FN1: (EED)

  12. (H) AM: HIMSCHOOT, STORY

  13. (H) NR: ELAM

  14. (H) DNP: SCHWANKE

  15. (H) DP: UNDERWOOD, DIBERT, EISCHEID

  16. (H) EDC RPT 3DP 1DNP 1NR 2AM

  17. (H) -- MEETING CANCELED --

  18. (H) EDUCATION at 08:00 AM DAVIS 106

  19. (H) Minutes (HEDC)

  20. (H) Heard & Held

  21. (H) EDUCATION at 08:00 AM DAVIS 106

  22. (H) Minutes (HEDC)

  23. (H) Heard & Held

  24. (H) EDUCATION at 08:00 AM DAVIS 106

  25. (H) EDC, FIN

  26. (H) READ THE FIRST TIME - REFERRALS

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 64 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (64)

64 members have not signed on to this bill.

Show all 64 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance education
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Frequently asked questions

Who sponsors HB 90?
HB 90 is sponsored by Ted Eischeid (D).
What is the current status of HB 90?
This bill is in committee in the House. Introduced February 10, 2025. It must pass committee before a floor vote.
Where can I track HB 90?
Track HB 90 free on One Click Politics — get push/email alerts when it moves.

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