Bill > HB559

This bill requires the Hawaii Department of Education to incorporate financial literacy instruction into the existing personal transition plan requirement for all students, starting in the 2027-2028 school year. The legislation recognizes that many students do not learn essential financial skills at home and that financial education is crucial for preparing youth to manage money, understand credit and debt, and achieve financial independence. Schools will have flexibility in implementing the financial literacy curriculum, either through systematic integration into their existing program or by developing a tailored approach based on stakeholder input. The bill defines financial literacy broadly, including topics such as financial skills, personal financial management, budgeting, debt, credit, and tax planning. The legislature's findings emphasize that financial literacy is a lifelong learning process that is essential for students to become responsible workers, investors, entrepreneurs, and citizens. The bill will take effect upon its approval, marking a significant step towards improving financial education for Hawaii's students.

Education

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=559&year=2026