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