SF 47

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/26/2021 09:16am

A bill for an act
relating to education finance; appropriating money for financial literacy instruction
grants.

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

Section 1. new text begin APPROPRIATION.
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 Department of Education for the fiscal year
designated.
new text end

new text begin Subd. 2. new text end

new text begin Financial literacy instruction grants. new text end

new text begin (a) For grants to teachers to integrate
financial literacy instruction into the core curriculum:
new text end

new text begin $ new text end

new text begin 100,000 new text end

new text begin ....... new text end

new text begin 2022 new text end

new text begin (b) A grant applicant must be a licensed teacher employed by a school district or charter
school. Applicants must apply in the form and manner determined by the commissioner.
new text end

new text begin (c) A grant recipient must use the grant award to integrate financial literacy concepts
and instruction into the classroom core curriculum, including purchasing or developing
financial literacy curriculum; providing instructional materials, supplies, or equipment; or
participating in professional development related to teaching financial literacy.
new text end

new text begin (d) This is a onetime appropriation.
new text end