There is a class of such thing that could be useful. I will likely be teaching my children this literacy myself. Obviously the interstitial pop-ups don't work, and the next generation will not be coming to this technology from the point of view of watching it develop. They will see it as having always existed and while they may be appropriately sceptical, I suspect they will be far more trusting of it. So some degree of understanding the mechanics will probably allow them to learn to treat this technology appropriately.
After all, it's nigh magical stuff. A machine that talks to you in common language and is almost always right. If you weren't already prepared for it, you would trust it implicitly. When Wikipedia first came onto the scene, people behaved this way there too. They would believe it was entirely correct. But at some point there was a concerted effort in pedagogy to say things like "You can't cite a Wikipedia article" and that one simply-remembered rule allowed for children to be forced to treat it as an aggregator.
Naturally, setting up a fund for this is nearly always a bad structure. Earmarked funds have a bad habit of ending up being written to be primarily a vehicle to transfer money to pet constituencies. Teachers unions and so on are always advocating for these because that's what funds the complex ecosystem of teacher educators, the certification and curriculum development programs, and so on. This is just social welfare by a different means. Funds should be flexibly used to meet some outcome. Earmarked funds have a habit of ratcheting up. When there is no need for programs, they continue to exist, and bleed money from the actual work product of education - informed students.
I get why these articles are always written in this style but I really would appreciate some better news media. Students hate a lot of things. Their opinion is mostly moot as to whether a subject is a good thing to learn or not. And all this polemic style of "shoehorn" and so on is completely unnecessary, and just makes me treat this whole thing in the realm of some partisan Twitter post.
But the one thing I did appreciate is a link to the text of the bill.