summary
Introduced
01/23/2025
01/23/2025
In Committee
01/23/2025
01/23/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
Beginning with the 2026-2027 school year, requires the Department of Education to include the teaching of financial literacy in kindergarten through grade twelve. Requires students in grades nine through twelve to complete a one-half credit in financial literacy before graduation. Requires the Board of Education to provide professional development to teachers who are teaching financial literacy courses.
AI Summary
This bill requires the Hawaii Department of Education to develop and implement a statewide financial literacy curriculum for all public school students from kindergarten through 12th grade, beginning in the 2026-2027 school year. For students in kindergarten through eighth grade, the curriculum will introduce financial concepts through integrated coursework, covering topics such as credit costs, credit card management, borrowing for large purchases, mortgages, and credit scoring. For high school students (grades 9-12), the bill mandates a mandatory half-credit financial literacy course as a graduation requirement, which will include additional topics like planning for postsecondary education. The curriculum will be based on national standards established by the Council for Economic Education, and will aim to prepare students for financial independence by teaching essential money management skills. To support implementation, the Board of Education must provide professional development for teachers, ensuring they are qualified to teach financial literacy courses. The bill's underlying rationale is that not all students learn financial skills at home, and that financial literacy is crucial for future personal and economic success.
Committee Categories
Education
Sponsors (14)
Diamond Garcia (R)*,
Darius Kila (D)*,
Sam Kong (D)*,
Trish La Chica (D)*,
Nicole Lowen (D)*,
Scot Matayoshi (D)*,
Tyson Miyake (D)*,
Ikaika Olds (D)*,
Elijah Pierick (R)*,
Mahina Poepoe (D)*,
Kanani Souza (R)*,
Adrian Tam (D)*,
Chris Todd (D)*,
Gene Ward (R)*,
Last Action
Carried over to 2026 Regular Session. (on 12/08/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=865&year=2026 |
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=865&year=2025 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB865_.HTM |
| BillText | https://www.capitol.hawaii.gov/sessions/session2025/bills/HB865_.HTM |
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