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SF 2042

as introduced - 92nd Legislature (2021 - 2022) Posted on 08/03/2021 03:11pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 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 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; providing grants to the Minnesota Council on Economic
Education; requiring reports; appropriating money.

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

Section 1. new text beginMINNESOTA COUNCIL ON ECONOMIC EDUCATION; GRANTS.
new text end

new text begin Subdivision 1. new text end

new text begin Transfer. new text end

new text begin $300,000 in fiscal year 2022 is transferred from the consumer
education account in the special revenue fund to the general fund.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin $300,000 in fiscal year 2022 is appropriated from the general
fund to the commissioner of education to issue the grants in subdivision 3. This balance
does not cancel but is available in the second year.
new text end

new text begin Subd. 3. new text end

new text begin Minnesota Council on Economic Education. new text end

new text begin (a) $150,000 in fiscal year 2022
and $150,000 in fiscal year 2023 are for grants to the Minnesota Council on Economic
Education.
new text end

new text begin (b) The funds under paragraph (a) must be used by the council to:
new text end

new text begin (1) provide professional development to Minnesota's kindergarten through grade 12
teachers implementing state graduation standards in learning areas related to economic
education;
new text end

new text begin (2) support the direct-to-student ancillary economic and personal finance programs that
Minnesota teachers supervise and coach; and
new text end

new text begin (3) provide support to geographically diverse affiliated higher education-based centers
for economic education, including those based at Minnesota State University Mankato,
Minnesota State University Moorhead, St. Cloud State University, St. Catherine University,
and the University of St. Thomas, as their work relates to activities in clauses (1) and (2).
new text end

new text begin (c) By February 15 of each year following the receipt of a grant, the Minnesota Council
on Economic Education must report to the commissioner of education on the number and
type of in-person and online teacher professional development opportunities provided by
the Minnesota Council on Economic Education or its affiliated state centers. The report
must include a description of the content, length, and location of the programs; the number
of preservice and licensed teachers receiving professional development through each of
these opportunities; and a summary of evaluations of professional opportunities for teachers.
new text end

new text begin (d) On August 15, 2021, the Department of Education must pay the full amount of the
grant for fiscal year 2022 to the Minnesota Council on Economic Education. On August
15, 2022, the Department of Education must pay the full amount of the grant for fiscal year
2023 to the Minnesota Council on Economic Education. The Minnesota Council on Economic
Education must submit its fiscal reporting in the form and manner specified by the
commissioner. The commissioner may request additional information as necessary.
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