1 | 1 | | 1.1 A bill for an act |
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2 | 2 | | 1.2 relating to education finance; authorizing a grant for Junior Achievement North |
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3 | 3 | | 1.3 for expansion of its student financial literacy activities; requiring reports; |
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4 | 4 | | 1.4 appropriating money. |
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5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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6 | 6 | | 1.6 Section 1. APPROPRIATIONS; FINANCIAL LITERACY GRANT. |
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7 | 7 | | 1.7 Subdivision 1.Department of Education.The sums indicated in this section are |
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8 | 8 | | 1.8appropriated from the general fund to the Department of Education in the fiscal years |
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9 | 9 | | 1.9designated. |
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10 | 10 | | 1.10 Subd. 2.Junior Achievement North.(a) For a grant to Junior Achievement North to |
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11 | 11 | | 1.11expand access to its financial literacy programming for elementary and secondary students: |
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12 | 12 | | 2026.....1,000,0001.12 $ |
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13 | 13 | | 2027.....1,000,0001.13 $ |
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14 | 14 | | 1.14 (b) The grant awarded under this section must be consistent with the procedures for |
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15 | 15 | | 1.15evidence-based education grants under Minnesota Statutes, section 127A.20. |
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16 | 16 | | 1.16 (c) Junior Achievement North must use the grant proceeds to expand the number of |
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17 | 17 | | 1.17students who participate in Junior Achievement North's financial literacy programs, career |
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18 | 18 | | 1.18readiness programs, and entrepreneurship programs with a focus on expanding opportunities |
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19 | 19 | | 1.19for underserved students. To the extent possible, programming must be provided in an |
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20 | 20 | | 1.20equitable manner to students in greater Minnesota. |
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21 | 21 | | 1.21 (d) In addition to other reporting requirements, and subject to Minnesota Statutes, section |
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22 | 22 | | 1.223.195, by February 1 of each year Junior Achievement North receives an appropriation, |
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23 | 23 | | 1Section 1. |
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24 | 24 | | REVISOR CR/HL 25-0407102/19/25 |
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25 | 25 | | State of Minnesota |
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26 | 26 | | This Document can be made available |
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27 | 27 | | in alternative formats upon request |
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28 | 28 | | HOUSE OF REPRESENTATIVES |
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29 | 29 | | H. F. No. 2731 |
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30 | 30 | | NINETY-FOURTH SESSION |
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31 | 31 | | Authored by Hill03/24/2025 |
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32 | 32 | | The bill was read for the first time and referred to the Committee on Education Finance 2.1Junior Achievement North must report to the chairs and ranking minority members of the |
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33 | 33 | | 2.2legislative committees with jurisdiction over education on activities funded by this |
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34 | 34 | | 2.3appropriation. The report must include but is not limited to: information about the operations |
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35 | 35 | | 2.4of Junior Achievement North, including its most recent audit; a description of the financial |
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36 | 36 | | 2.5literacy, career readiness, and entrepreneurship programs offered during the year; |
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37 | 37 | | 2.6participation and demographic information about the students and schools served by the |
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38 | 38 | | 2.7program; and a description of partnerships with other financial literacy organizations. |
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39 | 39 | | 2Section 1. |
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40 | 40 | | REVISOR CR/HL 25-0407102/19/25 |
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