|
|
|
|
|
|
|
|
125th MAINE LEGISLATURE |
|
|
LD 184 |
|
LR 599(01) |
|
|
|
An Act To Promote
the Financial Literacy of High School Students |
|
Preliminary Fiscal
Impact Statement for Original Bill |
|
Sponsor: Rep. Chipman of Portland |
|
Committee: Education and Cultural Affairs |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preliminary
Fiscal Impact Statement |
|
|
|
|
|
|
|
State Mandate - Unfunded |
|
|
|
|
|
|
|
|
|
|
FY 2011-12 |
FY 2012-13 |
Projections FY 2013-14 |
Projections FY 2014-15 |
Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$15,000 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
Appropriations/Allocations |
|
|
|
|
|
|
General Fund |
|
$15,000 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
State Mandates |
|
|
|
|
|
|
Required Activity |
Unit Affected |
Local Cost |
|
Requires secondary
schools to add a personal finance course as part of the mathematics
instruction required in order to obtain a high school diploma. |
School |
Significant statewide |
|
The required local
activities in this bill may represent a State mandate pursuant to the
Constitution of Maine. Unless General
Fund appropriations are provided to fund at least 90% of the additional costs
or a Mandate Preamble is amended to the bill and two-thirds of the members of
each House vote to exempt this mandate from the funding requirement,
municipalities may not be required to implement these changes. |
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
The PK-20
Curriculum, Instruction and Assessment program within the Department of
Education will require a one-time General Fund appropriation of $15,000 in
fiscal year 2011-12 for the costs associated with developing a course on
personal finance. |
|
|
|
|
|
|
|