Budget Amendment ID: FY2020-S3-206

EDU 206

Teaching Financial Literacy

Messrs. Eldridge and Welch, Ms. DiZoglio, Messrs. Collins, Finegold, O'Connor, Feeney and Moore, Ms. Lovely and Ms. Chang-Diaz moved that the proposed new text be amended in section 2, by inserting after item 7010-1192 the following item:-

7010-XXXX For the implementation of a competitive grant program to school districts to support the implementation of the financial literacy standards in grades K-12 authorized by Chapter 438 of the Acts of 2018; provided, that the department of elementary and secondary education shall develop the criteria for grants; provided further, that grants shall be awarded to programs that: (a) include training and development programs to assist teachers in incorporating appropriate financial literacy concepts into classroom curriculum and (b) engage with a variety of organizations and leverage cost-sharing partnerships with local districts, private funders and non-profit institutions. ………… $250,000