HI HCR65

Urges the Department of Education, in coordination with the Department of Commerce and Consumer Affairs, to implement a mandatory graduation requirement of at least one-half credit in financial literacy for junior or senior year students.

Requires the financial literacy curriculum to include practical instruction in banking, credit cards, student loans, tax filing, credit scores, savings and investments, rental deposits, and wages and benefits analysis.

Notes that Hawaii ranks among the ten states with the lowest level of high school financial literacy and that 21 states already require financial literacy courses for graduation.

References a 2015 task force established through Senate Concurrent Resolution 97 that submitted recommendations to the Legislature for implementing a financial literacy program in schools.

Directs certified copies of the resolution to be transmitted to the Chairperson of the Board of Education, Superintendent of Education, and Director of Commerce and Consumer Affairs.