Bill > SB702

This bill requires the Hawaii Department of Education to develop and implement a statewide financial literacy curriculum for public school students from kindergarten through 12th grade, starting in the 2024-2025 school year. It mandates that financial literacy instruction be provided for all students in grades K-8, and that students in grades 9-12 complete a half-credit course in financial literacy as a graduation requirement. The curriculum must cover topics like the true cost of credit, credit cards, borrowing for large purchases, home mortgages, credit reports, and planning for post-secondary education. The bill also requires the Board of Education to provide professional development for teachers who will be teaching these financial literacy courses.