(e) As used in this section, the following words and phrases
shall have the meanings given to them in this subsection unless
the context clearly indicates otherwise:
"Department" means the Department of Education of the
Commonwealth.
"School entity" means a school district, charter school,
cyber charter school or regional charter school.
Section 2. Section 1551(a) of the act is amended to read:
Section 1. Section 1551(a) of the act of March 10, 1949
(P.L.30, No.14), known as the Public School Code of 1949, is
amended and the section is amended by adding subsections to
read:
Section 1551. Economic Education and Personal Financial
Literacy Programs.--(a) The department shall have the power and
its duty shall be to:
(1) Provide resource information on economics, economic
education and personal financial literacy to educators and
public and private schools and organizations. The resources
shall be reviewed and revised by the department prior to
distribution. The department shall distribute the revised
resources no later than July 1, 2023.
(2) Provide for the distribution, including through the
department's Internet website, to school entities or private,
nonpublic, elementary or secondary schools in this Commonwealth,
[teacher] model curriculum materials and other available
resources, including materials or other resources necessary to
teach the curriculum specified under section 1529(c) and
materials or other resources for economic education partnership
programs, on economic education and personal financial literacy,
including the basic principle involved with earning, spending,
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