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SF 3867

as introduced - 91st Legislature (2019 - 2020) Posted on 03/03/2020 09:32am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to education finance; increasing and making permanent funding for the
Minnesota Council on Economic Education; appropriating money; amending Laws
2019, First Special Session chapter 11, article 3, section 23, subdivision 7.

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

Section 1.

Laws 2019, First Special Session chapter 11, article 3, section 23, subdivision
7, is amended to read:


Subd. 7.

Minnesota Council on Economic Education.

(a) For a grant to the Minnesota
Council on Economic Education:

$
117,000
.....
2020
$
deleted text begin 118,000
deleted text end new text begin 250,000
new text end
.....
2021

(b) The grant must be used to:

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

(2) support the direct-to-student ancillary economic and personal finance programs that
Minnesota teachers supervise and coach.

(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 summaries of evaluations of teacher professional opportunities.

(d) The Department of Education must pay the full amount of the grant to the Minnesota
Council on Economic Education by August 15 of each year. 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.

(e) Any balance in the first year does not cancel but is available in the second year.

(f) The base for fiscal year 2022 is deleted text begin$0deleted text endnew text begin $250,000new text end.