Bill > SB91

This bill requires the Hawaii Department of Education to incorporate financial literacy into the existing personal transition plan for students, beginning with the 2027-2028 school year. The legislation recognizes that many students do not learn essential financial skills from their families and that financial education is crucial for future success. Schools will have flexibility in how they implement financial literacy education, either through a systematic approach or by developing a program based on stakeholder input. Financial literacy, as defined in the bill, encompasses a broad range of topics including financial skills, personal financial management, budgeting, debt, credit, and tax planning. The legislature's purpose is to ensure that Hawaii's youth are prepared to manage money, understand credit and debt, and develop fiscal responsibility that will help them become financially independent. The bill takes effect immediately upon approval, with full implementation scheduled for the 2027-2028 academic year, giving schools time to prepare and design appropriate financial literacy curriculum.

Education

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=91&year=2026