HI HR54

Urges the Department of Education to coordinate with the Department of Commerce and Consumer Affairs to implement a graduation requirement of at least half credit in financial literacy during junior or senior year

Curriculum should include practical instruction on 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 Legislature request (Senate Concurrent Resolution 97, S.D. 1) that established a financial literacy task force which recommended implementing a financial literacy program in schools

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