HF 4903

Introduction - 94th Legislature (2025 - 2026)

Posted on 04/09/2026 02:49 p.m.

A bill for an act
relating to education finance; appropriating money for a Youth Stabilization
Program grant; requiring a report.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION; YOUTH STABILIZATION PROGRAM GRANT.
new text end

new text begin Subdivision 1. new text end

new text begin Department of Education. new text end

new text begin The sum indicated in this section is
appropriated from the general fund to the commissioner of education in the fiscal year
designated.
new text end

new text begin Subd. 2. new text end

new text begin Youth Stabilization Program grant. new text end

new text begin (a) For a grant to support Build Wealth
Minnesota to implement the Youth Stabilization Program to provide research-based financial
literacy curriculum aligned with kindergarten through grade 12 financial literacy standards.
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new text begin $ new text end

new text begin 1,470,000 new text end

new text begin ..... new text end

new text begin 2027 new text end

new text begin (b) The grant money must be used to:
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new text begin (1) support middle school and high school financial literacy instruction;
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new text begin (2) help school districts meet financial literacy education requirements through practical,
real-world financial education;
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new text begin (3) implement the Youth Stabilization Program curriculum across grade levels and
courses that serve as a comprehensive financial readiness program for high school seniors
preparing to transition into adulthood;
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new text begin (4) provide student licenses for the Youth Stabilization Program financial literacy
curriculum;
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new text begin (5) support district integration of the curriculum into middle school and high school
coursework;
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new text begin (6) provide implementation guidance and instructional support to participating school
districts; and
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new text begin (7) expand access to financial literacy education for Minnesota students.
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new text begin (c) By October 1, 2028, the grant recipient must report to the chairs and ranking minority
members of the legislative committees with jurisdiction over kindergarten through grade
12 education on the activities and outcomes funded by this appropriation. The report must
include but is not limited to information about the number of schools and students that were
provided access to financial literacy instruction through the Youth Stabilization Program;
the number of districts that implemented financial literacy education; examples of the
curriculum developed by the Youth Stabilization Program; and a summary of the
implementation support provided to participating schools.
new text end