An Act requiring financial education in schools

This bill establishes a new Financial Literacy Trust Fund to support financial education programs in Massachusetts schools. The fund will be managed by the Commissioner of Elementary and Secondary Education and financed through state appropriations, interest earnings, and public or private donations. It mandates that the commissioner annually report on the fund's activities and expenditures to state legislative committees. Additionally, the bill changes existing law to require, rather than allow, financial literacy instruction as part of the curriculum.