Bill > LD1069

This bill directs the Department of Education to first survey all school districts in Maine to gather information on how personal finance is currently being taught, including whether it's a standalone course or integrated into other subjects, which grade levels are covered, and student enrollment and instructional hours. The department must then report these findings to the Joint Standing Committee on Education and Cultural Affairs by January 15, 2026. Following this, starting in January 2026, the Department of Education will assemble a working group composed of representatives from the Finance Authority of Maine, the Maine Jump$tart Coalition for Personal Financial Literacy, teachers of personal finance, and the Maine Education Association. This group will develop recommendations to improve access to personal finance education for all students, considering aspects like teacher training, curriculum, instructional time, and staffing, and will submit their report by March 1, 2026. The bill also allocates $15,000 in one-time funds for fiscal year 2025-26 to support the working group's efforts.

Education

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1069&snum=132