Minnesota Legislature
HF 4219
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 05/19/2006 |
Current Version - as introduced
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22 1.23 1.24
2.1 2.2
2.3 2.4 2.5 2.6 2.7 2.8 2.9
2.10
2.11 2.12 2.13 2.14 2.15
2.16
A bill for an act
relating to education; incorporating a financial literacy curriculum into the
economics course required for high school graduation; authorizing rulemaking;
appropriating money; amending Minnesota Statutes 2004, section 120B.024.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2004, section 120B.024, is amended to read:
120B.024 GRADUATION REQUIREMENTS; COURSE CREDITS.
Students beginning 9th grade in the 2004-2005 school year and later must
successfully complete the following high school level course credits for graduation:
(1) four credits of language arts;
(2) three credits of mathematics, encompassing at least algebra, geometry, statistics,
and probability sufficient to satisfy the academic standard;
(3) three credits of science, including at least one credit in biology;
(4) three and one-half credits of social studies, encompassing at least United
States history, geography, government and citizenship, world history, and economics
new text begin that includes a unit on financial literacy new text end or three credits of social studies encompassing at
least United States history, geography, government and citizenship, and world history, and
one-half credit of economics taught in a school's social studies or business departmentnew text begin
that includes a unit on financial literacynew text end ;
(5) one credit in the arts; and
(6) a minimum of seven elective course credits.
A course credit is equivalent to a student successfully completing an academic
year of study or a student mastering the applicable subject matter, as determined by the
local school district.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for the 2007-2008 school year and
later.
new text end
Sec. 2. new text begin RULEMAKING AUTHORITY.
new text end
new text begin
The commissioner of education may adopt a new rule or amend an existing rule
under Minnesota Statutes, chapter 14, to incorporate a unit on financial literacy within
the economics course required for high school graduation under Minnesota Statutes,
section 120B.024. The commissioner must thoroughly review the financial literacy
curriculum offered by the National Endowment for Financial Literacy (NEFE) before
initiating rulemaking under this section.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following final enactment.
new text end
Sec. 3. new text begin APPROPRIATION.
new text end
new text begin
$....... is appropriated from the general fund in fiscal year 2007 to the commissioner
of education for adopting a rule to incorporate a unit on financial literacy within the
economics course required for high school graduation under Minnesota Statutes, section
120B.024.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2006.
new text end