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Bill > HF1766
MN HF1766
MN HF1766Economic and financial literacy education and teacher professional development activities grant provided, and money appropriated.
summary
Introduced
03/03/2025
03/03/2025
In Committee
03/03/2025
03/03/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to education finance; providing for a grant for economic and financial literacy education and teacher professional development activities; appropriating money.
AI Summary
This bill creates a grant program for the Minnesota Council on Economic Education (MCEE) to support economic and financial literacy education for K-12 teachers. The grant money must be used for four primary purposes: (1) providing professional development and curricular resources for teachers teaching economic and financial education, with a focus on kindergarten through 12th-grade teachers implementing state graduation standards and high school personal finance instruction; (2) supporting direct-to-student economic and personal finance programs supervised by teachers or delivered by MCEE; (3) conducting research on the effectiveness of economic and financial literacy education to ensure graduation standards are met and identify improvement opportunities; and (4) supporting economic and financial literacy education centers at various Minnesota universities. The bill requires MCEE to submit detailed mid-year and year-end reports to the commissioner of education, which must include information about professional development opportunities, teacher participation, program evaluations, and research findings. The grant funding, totaling $800,000 for both fiscal years 2026 and 2027, will be paid in two installments: half by August 15 and half by February 15 of each fiscal year. The goal is to enhance economic and financial education across Minnesota's school systems.
Committee Categories
Budget and Finance
Sponsors (7)
Mary Clardy (D)*,
Keith Allen (R),
Ben Bakeberg (R),
Ned Carroll (D),
Josiah Hill (D),
Matt Norris (D),
Kari Rehrauer (D),
Last Action
Author added Rehrauer (on 03/05/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1766&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=HF1766&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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