LD 701 Maine House · 132nd Legislature (2025-2026)

Resolve, Directing The Department Of Education To Report On Financial Literacy Education In The System Of Learning Results

This bill (LD 701) requires Maine's Department of Education to submit a report by December 31, 2025, examining how financial literacy is taught across all public schools. The report must assess current implementation of personal finance standards under Maine's "Spiraling K-12" approach - where financial topics build progressively from kindergarten through 12th grade - and evaluate school performance against these standards. It must include recommendations for improving student achievement in financial literacy education. The report will be submitted to the Education and Cultural Affairs Committee, which could propose new legislation based on the findings. The bill does not change current standards but mandates a review to inform future policy.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 20, 2025 Last action May 20, 2025
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Full legislative history

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Total actions
8
Key actions
1
Committee
2
May 16, 2025
Legislature · Passed
Reported Out - ONTP
legislature
Feb 20, 2025
Committee
The Resolve was REFERRED to the Committee on EDUCATION AND CULTURAL AFFAIRS pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.
lower
1 primary · 5 co-sponsors

Sponsors