summary
Introduced
01/19/2024
01/19/2024
In Committee
01/22/2024
01/22/2024
Crossed Over
Passed
Dead
05/03/2024
05/03/2024
Introduced Session
2024 Regular Session
Bill Summary
Beginning with the 2025-2026 school year, requires the Department of Education to include the teaching of financial literacy in grades nine through twelve. Requires students in grades nine through twelve to complete one course in financial literacy before graduation. Requires the Board of Education to provide professional development to teachers who are teaching financial literacy courses. Requires the Board of Education to adopt administrative rules to implement financial literacy education curriculum and regularly review the financial literacy curricula plan. Authorizes the Board of Education to consult with other state and county agencies, private entities, and nonprofit organizations to disseminate information on financial literacy education resources.
AI Summary
This bill requires the Department of Education to develop and implement a statewide financial literacy curriculum plan for public school students in grades 9 through 12, starting from the 2025-2026 school year. All students in these grades will be required to complete one financial literacy course, covering topics such as budgeting, banking, taxes, loans, credit, insurance, and economic principles, as a graduation requirement. The Board of Education is also required to provide professional development for teachers on financial literacy and to consult with other agencies and organizations to identify and coordinate the use of financial literacy education resources.
Committee Categories
Education
Sponsors (13)
Stanley Chang (D)*,
Lynn DeCoite (D)*,
Brandon Elefante (D)*,
Kurt Fevella (R)*,
Mike Gabbard (D)*,
Troy Hashimoto (D)*,
Dru Kanuha (D)*,
Michelle Kidani (D)*,
Donna Kim (D)*,
Angus McKelvey (D)*,
Sharon Moriwaki (D)*,
Maile Shimabukuro (D)*,
Glenn Wakai (D),
Last Action
Referred to EDU, WAM. (on 01/22/2024)
Bill Topics
Education
- ‐ Education Excellence
- ‐ Elementary and Secondary Education
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2407&year=2024 | 01/19/2024 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2024/bills/SB2407_.HTM | 01/19/2024 |
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