In 2019, Senate Bill 314 created the State Financial Literacy Advisory Council. The Council works to develop a strategic plan for the development of education resources in financial literacy, which will serve as a foundation for the professional development of students. This includes identifying learning activities targeted toward the standards and criteria for a curriculum in financial literacy and developing the criteria a pupil must meet to be awarded the State Seal of Financial Literacy. In coordination with the Nevada Department of Education, the Council also develops and facilitates Financial Literacy Month, Student Smart Week, Money Week, the Parent and Family Engagement Summit, and the Annual Summit for Educators. A written report, which includes recommendations concerning the instruction and curriculum in financial literacy and a summary of the activities of the council, is produced each even-numbered year.