An Act relative to personal financial literacy

HD 2899 establishes a Financial Literacy Trust Fund to support personal financial literacy education in Massachusetts schools. The fund, managed by the education commissioner, will receive state appropriations, interest, and private donations (with safeguards against undue influence) and can be used without annual appropriation for curriculum development, teacher training, and student resources. The bill mandates that all high schools serving grades 9-12 must offer a required standalone personal financial literacy course covering topics like budgeting, saving, credit, investing, and digital financial tools, which students must complete to graduate. This requirement applies to public school districts, charter schools, and approved private schools across the Commonwealth.