Hawaii Senate Bill SCR66

Hawaii 2025 Regular Session

• Introduced: 3/7/25
• Refer: 3/11/25
• Report Pass: 4/1/25
• Engrossed: 4/2/25
• Refer: 4/4/25

Caption

Requesting The Department Of Education To Develop And Implement A Statewide Financial Literacy Curricula Plan For Public High School Students.

Impact

The resolution requests the Department of Education to create a comprehensive plan that includes integrating financial literacy into existing courses and offering a standalone financial literacy course by the 2026-2027 school year. The suggested curriculum encompasses key topics such as budgeting, saving, credit management, and fraud prevention, among others. This curriculum is proposed to prepare students not only for academic success but also for real-world financial decision-making.

Summary

SCR66, introduced in the 2025 legislative session in Hawaii, calls for the development and implementation of a statewide financial literacy curriculum for public high school students. The resolution acknowledges the increasing importance of financial literacy in ensuring personal and societal financial stability, noting that many students graduate without essential knowledge in managing finances. The initiative aims to equip students with the necessary skills to achieve financial independence in the face of challenges such as Hawaii's high cost of living.

Contention

The proposed legislation expects schools to provide teacher training and develop interactive teaching materials for effective delivery of the financial literacy content. There are expectations for collaboration with public and private organizations to enhance the educational experience. Although the measure has potential benefits, discussions may arise regarding the adequacy of funding and resources for successful implementation. Additionally, the transition to integrating this curriculum aligns with a growing demand for education reforms that meet modern economic realities.