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HI SB2407

Bill

Status

Introduced

1/19/2024

Primary Sponsor

Donna Kim

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Requires the Department of Education to develop and implement a statewide financial literacy curriculum for grades 9-12, beginning with the 2025-2026 school year.

  • Mandates that all students in grades 9-12 complete one financial literacy course as a graduation requirement with a passing grade.

  • Specifies curriculum must include 17 topics including budgeting, banking, taxes, borrowing, credit scoring, insurance, bankruptcy, identity theft, and postsecondary education planning, aligned with national standards.

  • Requires the Board of Education to provide professional development training to teachers before they teach financial literacy courses and may offer statewide learning communities, summer workshops, and online expert videos.

  • Authorizes the Board of Education to consult with public agencies and nonprofit organizations to identify resources, coordinate existing programs, and develop messaging to support financial literacy education implementation.

Legislative Description

Relating To Education.

Rules

Last Action

Referred to EDU, WAM.

1/22/2024

Committee Referrals

Education1/22/2024

Full Bill Text

No bill text available