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Amend the bill by striking out everything after the enacting clause and before the summary and inserting the following:
‘Sec. 1.  20-A MRSA §254, sub-§13  is enacted to read:
 
13.  Technical assistance; integrated model for instruction in personal finance.    The commissioner shall develop a program of technical assistance that promotes the importance of financial literacy and encourages school administrative units to implement an integrated model for instruction in personal finance that may be used in secondary schools as part of the instruction in social studies or mathematics required by section 4722, subsection 2, paragraphs B and C. The commissioner, in consultation with the Finance Authority of Maine, the Office of Securities within the Department of Professional and Financial Regulation, Jobs for Maine's Graduates, organizations representing banks, credit unions and financial professionals and other interested organizations promoting personal finance initiatives, shall prepare and distribute annually, in January, a report to school boards and superintendents that includes strategies and resources available to implement an integrated model for instruction in personal finance for use in secondary schools. The annual report must also be provided to the joint standing committee of the Legislature having jurisdiction over education matters, and the department shall post the report on its publicly accessible website.’
 
SUMMARY
This amendment is the majority report of the Joint Standing Committee on Education and Cultural Affairs. The amendment replaces the bill and requires the Commissioner of Education to develop a program of technical assistance that promotes an integrated model for instruction in personal finance to help secondary school students attain financial literacy. The amendment requires the commissioner to submit an annual report to school boards and superintendents that includes strategies and resources available to implement an integrated model for instruction in personal finance for use in secondary schools. The amendment also requires the annual report to be provided to the joint standing committee of the Legislature having jurisdiction over education matters and posted on the Department of Education's publicly accessible website.