Bill
Bill > LD1069
ME LD1069
ME LD1069Resolve, Directing the Department of Education to Review Personal Finance Course Offerings in Maine Schools and Convene a Working Group of Relevant Stakeholders
summary
Introduced
03/14/2025
03/14/2025
In Committee
03/14/2025
03/14/2025
Crossed Over
06/09/2025
06/09/2025
Passed
06/25/2025
06/25/2025
Dead
Introduced Session
Potential new amendment
132nd Legislature
Bill Summary
This bill requires high school students to complete a stand-alone course in personal finance to meet the minimum requirements for a high school diploma.
AI Summary
This bill modifies the existing high school graduation requirements in Maine by adding a new mandatory personal finance course as a standalone requirement. Currently, personal finance was embedded within social studies, but the bill now stipulates that students must complete a dedicated one-credit personal finance course to graduate high school. This means students will need to take a specific, separate class focused on financial skills and knowledge, rather than learning personal finance concepts incidentally within other subjects. The bill amends the state's educational code (20-A MRSA §4722) by removing personal finance from the social studies curriculum and creating a new, distinct graduation requirement for personal finance education. By mandating a stand-alone course, the legislation aims to ensure that students receive comprehensive, focused instruction in financial literacy before completing high school, which could help young people develop crucial money management skills for their future.
Committee Categories
Education
Sponsors (8)
Mattie Daughtry (D)*,
Susan Bernard (R),
Nathan Carlow (R),
Ed Crockett (D),
Tim Nangle (D),
Kelly Noonan Murphy (D),
Joe Rafferty (D),
Woody Woodsome (R),
Last Action
HELD BY THE GOVERNOR. (on 07/08/2025)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1069&snum=132 |
| Senate: S-A to C-A (S-486) | https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0454&item=4&snum=132 |
| Fiscal Note: S-A to C-A (S-486) | https://legislature.maine.gov/legis/bills/bills_132nd/fiscalpdfs/FN106904.pdf |
| Senate: C-A (S-315) | https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0454&item=2&snum=132 |
| Fiscal Note: C-A (S-315) | https://legislature.maine.gov/legis/bills/bills_132nd/fiscalpdfs/FN106902.pdf |
| BillText | https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0454&item=1&snum=132 |
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