State of Washington 68th Legislature 2023 Regular Session
By Representatives Stonier, Senn, Callan, Kloba, Santos, Bergquist,
and Timmons
Read first time 02/01/23. Referred to Committee on Appropriations.
1 AN ACT Relating to allowing school districts to apply for
2 financial literacy education professional development grants for
3 three or fewer school years; and amending RCW 28A.300.466.
5 Sec. 1. RCW 28A.300.466 and 2022 c 238 s 1 are each amended to
6 read as follows:
7 (1) Subject to the availability of amounts appropriated for this
8 specific purpose, the financial education public-private partnership
9 shall establish a grant program to provide assistance to school
10 districts for the purpose of integrating financial literacy education
11 into professional development for certificated staff.
12 (2) Grants provided under this section shall be made available
13 for the 2023-24, 2024-25, and 2025-26 school years, and shall be
14 funded at the amount of $7.50 per enrolled student in the school
15 district, as determined by the annual average full-time equivalent
16 student enrollment reported to the office of the superintendent of
17 public instruction. A school district ((that receives a grant under
18 this section may only receive a grant for one school year and is
19 prohibited from receiving a grant in subsequent grant cycles)) may
20 apply for and receive grants under this section for each school year
21 in which the grants are available, but the total amount of funds
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1 received by a school district in accordance with this section may not
2 exceed $7.50 per enrolled student in the school district.
3 (3) For a school district to qualify for a grant under this
4 section, the grant proposal must provide that the grantee integrate
5 financial literacy education into at least seven hours of its current
6 in-person professional development schedule over the course of the
7 entire school year for which the school district receives the grant.
8 School districts that currently integrate financial literacy
9 education into professional development are also eligible to qualify
10 for a grant under this section if the professional development has
11 been approved by the financial education public-private partnership.
12 (4) Additional activities permitted for the use of these grants
13 include, but are not limited to:
14 (a) Coordinating teachers from across a school district to
15 develop new instructional strategies and to share successful
16 strategies;
17 (b) Sharing successful practices across a group of school
18 districts; and
19 (c) Facilitating coordination between educational service
20 districts and school districts to provide training.
21 (5) The office of the superintendent of public instruction, in
22 coordination with the financial education public-private partnership,
23 may adopt rules for the effective implementation of this section.
24 (6) This section expires August 1, 2026.
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Statutes affected:
Original Bill: 28A.300.466
Engrossed Bill: 28A.300.466