An Act to Require Personal Finance to Be Taught as a Separate Course in
Maine Legislature, Session 132, LD 1069
Committee Amendment CA_A_SA_A_S486 (Senate)

SENATE AMENDMENT" An to COMMITTEE AMENDMENT "A'' to S.P. 454, 
L.D. 1069, "An Act to Require Personal Finance to Be Taught as a Separate Course in 
Order for a Student to Obtain a High School Diploman 
Amend the amendment by stl'iking out the substitute title and replacing it with the 
following: 
'Resolve, Directing the Department of Education to Review Pe1·sonal Finance Cou1·se 
Offei'ings in Maine Schools and Convene a Wol'ldng Group of Relevant Stakeholders' 
Amend the amendment by striking out all of sections 3 and 4 and inserting the 
following: 
'Sec, 3, 
Appropriations and allocations. Resolved: That the following 
appropriations and allocations are made. 
EDUCATION, DEPARTMENT OF 
Innovative Teaching and Learning Z394 
Initiative: Provides one-time funds in fiscal year 2025-26 to support the working group 
established to develop recommendations on increasing accessibility to personal finance 
education to students of all grade levels in the State. 
GENERAL FUND 
All Other 
GENERAL FUND TOTAL 
2025-26 
$15,000 
$15,000 
2026-27 
$0 
$0 
Amend the amendment by re lettering or renumbering any nonconsecutive Part letter or 
section number to read consecutively. 
SUMMARY 
This amendment amends Committee Amendment 
11A" by removing the requirement 
that the Depa1iment of Education organize a summer teacher training opportunity and 
Page I - I32LR1I85(04) 
SENATE AMENDMENT 
l 
SENATE AMENDMENT "A" lo COMMITTEE AMENDMENT "A" lo S.P. 454, L.D. 1069 ( S·L\ i0 
removing the appropriation associated with this requirement. The amendment replaces the 
apprnpl'iations and allocations section and changes the title. 
SPONSORED BY: __ 
...... 
1&_7v_lv----'Q'"-o __ 
'f'_, 
__ 
_ 
(Senator ROTUNDO, M.) 
COUNTY: Androscoggin 
FISCAL NOTE REQUIRED 
(See attached) 
SENATE AMENDMENT 
Approved: 06/24/25 L-Rl-
LD 1069 
LR 1185(04) 
Resolve, Directing the Department of Education to Review Personal Finance Coutse Offerings in 
:Maine Schools and Implement a Teacher Training Program 
Fiscal Note for Senate Amendment ")f to Committee Amendment "A" (S,-L\.~ 
Sponsor: Sen, Rotundo of Androscoggin 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2025-26 
Projections 
FY 2027-28 
Projections 
FY 2028-29 
Net Cost (Savings) 
General Fund 
Appropriations/ Allocations 
General Fund 
Fiscal Detail and Notes 
($15,000) 
($15,000) 
$0 
$0 
$0 
$0 
$0 
$0 
This amendment eliminates the one time General Fund appropriation in the bill of $15,000 in fiscal year 2025-26 for a 
smnmer teacher trnining opportunity for teachers in the State who teach or wish to teach personal finance and removes 
the language in the bill that requires the Department of Education to organize a summer teacher training opportunity. 
As amended, this bill includes one-time General Fund appropriations of $15,000 in fiscal year 2025-26 to the 
Department of Education to convene a working group to develop recommendations 011 increasing accessibility to 
personal finance education to students of all grade levels in the State. 
LRl 185(04) - Fiscal Note - Page l of l