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Bill > SB1277


HI SB1277

HI SB1277
Relating To Financial Literacy.


summary

Introduced
01/23/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Beginning with the 2026-2027 school year, requires the Department of Education to develop and implement a statewide financial literacy curricula plan for public high schools. Requires all public high schools to offer instruction in financial literacy as a requirement for graduation. Requires the Department of Education to provide professional development to teachers on financial literacy. Requires the Board of Education to adopt administrative rules to implement the financial literacy education curriculum.

AI Summary

This bill requires the Hawaii Department of Education to develop and implement a comprehensive financial literacy curriculum for public high school students, beginning in the 2026-2027 school year. The legislation mandates that all public high schools offer financial literacy instruction as a graduation requirement, covering key topics such as budgeting, investing, credit management, taxes, loans, fraud prevention, and economic principles. The bill establishes a dedicated coordinator within the department's curriculum office to oversee implementation, ensure curriculum quality, and review the program every three years. Schools will be allowed to integrate financial literacy into existing coursework, and the department will provide professional development opportunities for teachers through workshops, online resources, and training from financial education organizations. The curriculum development will involve collaboration with public agencies and private organizations to create interactive teaching materials, and the Board of Education will be responsible for adopting administrative rules and publishing approved resources. The legislation aims to equip students with essential financial skills, particularly important in Hawaii, which has one of the highest costs of living in the nation, by helping students make informed financial decisions and achieve economic independence.

Committee Categories

Education

Sponsors (1)

Last Action

Carried over to 2026 Regular Session. (on 12/08/2025)

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