Bill > SF2118

This bill establishes a grant program for the Minnesota Council on Economic Education (MCEE) to support economic and financial literacy education for Minnesota teachers and students. The bill outlines four primary uses for the grant money: (1) providing professional development and curricular resources for K-12 teachers teaching economic and financial education, with a specific focus on high school personal finance instruction; (2) supporting direct-to-student economic and personal finance programs; (3) conducting research on the effectiveness of economic and financial literacy education to ensure graduation standards are met; and (4) supporting affiliated higher education faculty and centers at institutions like Minnesota State University, Mankato, St. Cloud State University, and St. Catherine University. The bill requires the MCEE to submit detailed midyear and year-end reports to the commissioner of education, including information about professional development opportunities, teacher participation, program evaluations, and research results. Additionally, the bill appropriates $800,000 for each of the fiscal years 2026 and 2027, to be paid in two installments (half by August 15 and half by February 15) to support these educational initiatives. The goal is to enhance economic and financial literacy among Minnesota students by providing comprehensive support and resources to educators.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2118&ssn=0&y=2025