An Act To Set Standards in the System of Learning Results for Financial Literacy
Maine Legislature, Session 128, LD 1297
Committee: Education and Cultural Affairs
Sponsors: POULIOT, LANGLEY, DAUGHTRY, GINZLER, GROHMAN
Amends: 20-A MRSA §6209

Legislative Document
No. 1297
H.P. 894
House of Representatives, April 4, 2017
An Act To Set Standards in the System of Learning Results for 
Financial Literacy
Reference to the Committee on Education and Cultural Affairs suggested and ordered 
printed.
ROBERT B. HUNT
Clerk
Presented by Representative POULIOT of Augusta.
Cosponsored by Senator LANGLEY of Hancock and
Representatives: DAUGHTRY of Brunswick, GINZLER of Bridgton, GROHMAN of 
Biddeford.
Be it enacted by the People of the State of Maine as follows: 
Sec. 1.  20-A MRSA §6209, first ¶, as amended by PL 2015, c. 489, §3, is further 
amended to read: 
The department in consultation with the state board shall establish and implement a 
comprehensive, statewide system of learning results, which may include a core of 
standards in English language arts and mathematics for kindergarten to grade 12 
established in common with the other states, as set forth in this section and in department 
rules implementing this section and other curricular requirements. The department must 
establish accountability standards at all grade levels in the areas of mathematics; reading; 
and science and technology. The department shall establish parameters for essential 
instruction in English language arts; mathematics; science and technology; social studies, 
including personal finance; career and education development; visual and performing 
arts; health, physical education and wellness; and world languages.  Only a public school, 
a public charter school as defined in section 2401, subsection 9 or a private school 
approved for tuition purposes that enrolls at least 60% publicly funded students, as 
determined by the previous school year's October and April average enrollment, is 
required to participate in the system of learning results set forth in this section and in 
department rules implementing this section and other curricular requirements.  The 
commissioner shall develop accommodation provisions for instances where course 
content conflicts with sincerely held religious beliefs and practices of a student's parent or 
guardian.  The system must be adapted to accommodate children with disabilities as 
defined in section 7001, subsection 1-B. 
Sec. 2.  20-A MRSA §6209, sub-§2, ¶G, as enacted by PL 1995, c. 649, §1, is 
amended to read: 
G.  Social studies, including personal finance; and 
Sec. 3.  Rulemaking for personal finance standards.  By January 1, 2018, the 
Department of Education shall adopt rules to include personal finance standards in the 
statewide system of learning results, pursuant to the Maine Revised Statutes, Title 20-A, 
section 6209.  The standards must be aligned with the national standards for financial 
literacy developed by the Council for Economic Education. 
SUMMARY 
This bill requires the Department of Education to include in the statewide system of 
learning results personal finance standards that align with the national standards for 
financial literacy developed by the Council for Economic Education.