Plain English Breakdown
The plain English breakdown is still being put together. The official documents below are already here.
HF4903 • 2026
Youth Stabilization Program grant funding provided, report required, and money appropriated.
Youth Stabilization Program grant funding provided, report required, and money appropriated.
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Bill History
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2026-04-09
House
Introduction and first reading, referred to Education Finance
Official Summary Text
Youth Stabilization Program grant funding provided, report required, and money appropriated.
Current Bill Text
Read the full stored bill text
A bill for an act relating to education finance; appropriating money for a Youth Stabilization Program grant; requiring a report. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. new text begin APPROPRIATION; YOUTH STABILIZATION PROGRAM GRANT. new text end new text begin Subdivision 1. new text end new text begin Department of Education. new text end new text begin The sum indicated in this section is appropriated from the general fund to the commissioner of education in the fiscal year designated. new text end new text begin Subd. 2. new text end new text begin Youth Stabilization Program grant. new text end new text begin (a) For a grant to support Build Wealth Minnesota to implement the Youth Stabilization Program to provide research-based financial literacy curriculum aligned with kindergarten through grade 12 financial literacy standards. new text end new text begin $ new text end new text begin 1,470,000 new text end new text begin ..... new text end new text begin 2027 new text end new text begin (b) The grant money must be used to: new text end new text begin (1) support middle school and high school financial literacy instruction; new text end new text begin (2) help school districts meet financial literacy education requirements through practical, real-world financial education; new text end new text begin (3) implement the Youth Stabilization Program curriculum across grade levels and courses that serve as a comprehensive financial readiness program for high school seniors preparing to transition into adulthood; new text end new text begin (4) provide student licenses for the Youth Stabilization Program financial literacy curriculum; new text end new text begin (5) support district integration of the curriculum into middle school and high school coursework; new text end new text begin (6) provide implementation guidance and instructional support to participating school districts; and new text end new text begin (7) expand access to financial literacy education for Minnesota students. new text end new text begin (c) By October 1, 2028, the grant recipient must report to the chairs and ranking minority members of the legislative committees with jurisdiction over kindergarten through grade 12 education on the activities and outcomes funded by this appropriation. The report must include but is not limited to information about the number of schools and students that were provided access to financial literacy instruction through the Youth Stabilization Program; the number of districts that implemented financial literacy education; examples of the curriculum developed by the Youth Stabilization Program; and a summary of the implementation support provided to participating schools. new text end