Bill > SB2800

This bill requires the Department of Education to include the teaching of financial literacy as part of the existing personal transition plan requirement for each student, starting from the 2025-2026 school year. The bill defines financial literacy to include curriculum addressing financial skills, personal financial management, budgeting, debt, credit, and tax planning. The purpose of this bill is to prepare Hawaii's youth for financial independence and develop their fiscal responsibility and financial management skills, as the state has historically received low grades in its ability to prepare students for financial literacy upon high school graduation.