Massachusetts S421 mandates financial education in schools and establishes a trust fund for related programs.
Massachusetts S421 requires financial education in schools, covering topics like loans, credit, investments, and emerging technologies. The bill establishes the Financial Literacy Trust Fund, administered by the commissioner of elementary and secondary education, to support financial literacy programs. Funds can be used for curriculum development and educator training, with priority given to underserved communities. The commissioner must report annually on fund activities, including sources of funds, expenditures, and program impacts.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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