1.1 	A bill for an act
1.2 	relating to education; providing grants to the Minnesota Council on Economic 
1.3 	Education; requiring reports; appropriating money.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. MINNESOTA COUNCIL ON ECONOMIC EDUCATION; GRANTS.
 1.6 		Subdivision 1.Transfer. $300,000 in fiscal year 2022 is transferred from the consumer 
1.7 	education account in the special revenue fund to the general fund.
1.8 		Subd. 2.Appropriation. $300,000 in fiscal year 2022 is appropriated from the general 
1.9 	fund to the commissioner of education to issue the grants in subdivision 3. This balance 
1.10 	does not cancel but is available in the second year.
1.11 		Subd. 3.Minnesota Council on Economic Education. (a) $150,000 in fiscal year 2022 
1.12 	and $150,000 in fiscal year 2023 are for grants to the Minnesota Council on Economic 
1.13 	Education.
1.14 	(b) The funds under paragraph (a) must be used by the council to:
1.15 	(1) provide professional development to Minnesota's kindergarten through grade 12 
1.16 	teachers implementing state graduation standards in learning areas related to economic 
1.17 	education;
1.18 	(2) support the direct-to-student ancillary economic and personal finance programs that 
1.19 	Minnesota teachers supervise and coach; and
1.20 	(3) provide support to geographically diverse affiliated higher education-based centers 
1.21 	for economic education, including those based at Minnesota State University Mankato, 
2.1 	Minnesota State University Moorhead, St. Cloud State University, St. Catherine University, 
2.2 	and the University of St. Thomas, as their work relates to activities in clauses (1) and (2).
2.3 	(c) By February 15 of each year following the receipt of a grant, the Minnesota Council 
2.4 	on Economic Education must report to the commissioner of education on the number and 
2.5 	type of in-person and online teacher professional development opportunities provided by 
2.6 	the Minnesota Council on Economic Education or its affiliated state centers. The report 
2.7 	must include a description of the content, length, and location of the programs; the number 
2.8 	of preservice and licensed teachers receiving professional development through each of 
2.9 	these opportunities; and a summary of evaluations of professional opportunities for teachers.
2.10 	(d) On August 15, 2021, the Department of Education must pay the full amount of the 
2.11 	grant for fiscal year 2022 to the Minnesota Council on Economic Education. On August 
2.12 	15, 2022, the Department of Education must pay the full amount of the grant for fiscal year 
2.13 	2023 to the Minnesota Council on Economic Education. The Minnesota Council on Economic 
2.14 	Education must submit its fiscal reporting in the form and manner specified by the 
2.15 	commissioner. The commissioner may request additional information as necessary.

2.16 	EFFECTIVE DATE. This section is effective the day following final enactment.