SF 865

as introduced - 93rd Legislature (2023 - 2024) Posted on 06/26/2023 11:30am

A bill for an act
relating to education finance; authorizing ongoing grants to the Minnesota Council
on Economic Education; appropriating money.

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

Section 1. new text begin APPROPRIATIONS; MINNESOTA COUNCIL ON ECONOMIC
EDUCATION.
new text end

new text begin Subdivision 1. new text end

new text begin Department of Education. new text end

new text begin The sums indicated in this section are
appropriated from the general fund to the Department of Education in the fiscal years
designated.
new text end

new text begin Subd. 2. new text end

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

new text begin (a) For a grant to the Minnesota
Council on Economic Education:
new text end

	new text begin $ new text end	new text begin 500,000 new text end	new text begin ..... new text end	new text begin 2024 new text end
	new text begin $ new text end	new text begin 500,000 new text end	new text begin ..... new text end	new text begin 2025 new text end

new text begin (b) The grant must be used 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; and
new text end

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

new text begin (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 fiscal year for which the grant is
appropriated. 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 (e) Any balance in the first year does not cancel but is available in the second year.
new text end

new text begin (f) The budget base for this program is $500,000 per year.
new text end