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SF2211 (Legislative Session 94 (2025-2026))

Junior Achievement North grant authorization for expansion of its student financial literacy activities

Related bill: HF2731

AI Generated Summary

This Minnesota Senate bill (S.F. No. 2211) relates to education finance and proposes a grant for Junior Achievement North to expand student financial literacy activities.

Key provisions include: - Appropriating $1,000,000 per fiscal year from the general fund to the Minnesota Department of Education for distribution to Junior Achievement North. - The grant must be consistent with the state's evidence-based education grants procedures. - Junior Achievement North is required to use the funds to increase student participation in financial literacy, career readiness, and entrepreneurship programs, with a focus on underserved students, including those in greater Minnesota. - The organization must provide annual reports to the legislature, detailing: - Program operations and financial audits. - Descriptions of financial literacy, career readiness, and entrepreneurship programs. - Demographic and participation data. - Collaborations with other financial literacy organizations.

This bill aims to enhance financial literacy education and expand its reach to more students, particularly in underserved communities.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 05, 2025SenateFloorActionIntroduction and first reading
March 05, 2025SenateFloorActionReferred toEducation Finance
March 09, 2025SenateFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Requirement for grant consistency with existing evidence-based procedures."
      ],
      "removed": [],
      "summary": "This bill mandates that the grant awarded to Junior Achievement North must adhere to the procedures established for evidence-based education grants as described in section 127A.20 of Minnesota Statutes.",
      "modified": []
    },
    "citation": "127A.20"
  },
  {
    "analysis": {
      "added": [
        "Requirement for adherence to existing annual reporting mandates."
      ],
      "removed": [],
      "summary": "The bill requires compliance with existing reporting procedures under Minnesota Statutes section 3.195 for accountability of appropriations received.",
      "modified": []
    },
    "citation": "3.195"
  }
]

Sponsors