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Public testimony supports House Bill 90 financial‑literacy requirement; committee holds bill over, sets amendment deadline

2891551 · April 7, 2025
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Summary

During public testimony on House Bill 90, supporters urged requiring financial literacy instruction in higher grades. The House Education Committee held the bill over and set an amendment deadline of April 9 at 5 p.m.

The House Education Committee opened public testimony on House Bill 90 (financial literacy) on April 7 and heard brief online testimony from two supporters.

Mike Kuz testified in favor of the bill and described personal experience using personal‑finance programs such as materials by Dave Ramsey to reduce debt and improve savings. Tim Sullivan, executive director of the Financial Reality Foundation, described his nonprofit’s work with Alaska credit unions to run roughly 50 financial education fairs a year that reach about 2,000 high school juniors and seniors; he said those events were useful but insufficient and supported embedding financial literacy into high school instruction.

Committee leadership closed public testimony and announced that House Bill 90 will be held over for further consideration. The committee set an amendment deadline of Wednesday, April 9 at 5 p.m. and noted upcoming hearings on other education bills, including a governor‑sponsored bill on school funding scheduled for the committee’s next meeting.