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HB2557 • 2026

RELATING TO FINANCIAL LITERACY.

RELATING TO FINANCIAL LITERACY.

Budget Education
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
MATSUMOTO, CHUN, COCHRAN, GARCIA, GEDEON, KUSCH, LOWEN, MURAOKA, PIERICK, POEPOE, REYES ODA, TAKENOUCHI, TEMPLO, TODD, Kila
Last action
2026-02-02
Official status
Referred to HED, FIN, referral sheet 6
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

RELATING TO FINANCIAL LITERACY.

RELATING TO FINANCIAL LITERACY.

What This Bill Does

  • RELATING TO FINANCIAL LITERACY.
  • UH System; Financial Literacy; Program; Budget; Money Management ($) Requires the University of Hawaii System to implement a financial literacy program offered at all campuses at no cost to students.
  • Appropriates funds.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-02 H

    Referred to HED, FIN, referral sheet 6

  2. 2026-01-28 H

    Introduced and Pass First Reading.

Official Summary Text

RELATING TO FINANCIAL LITERACY.
UH System; Financial Literacy; Program; Budget; Money Management ($)
Requires the University of Hawaii System to implement a financial literacy program offered at all campuses at no cost to students. Appropriates funds.

Current Bill Text

Read the full stored bill text 
HB2557

HOUSE OF REPRESENTATIVES

H.B. NO.

2557

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

relating
to financial literacy
.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

����
SECTION
1.
�
The legislature finds that financial
literacy is an important skill for all individuals.
�
The earlier an individual can learn skills
such as managing money, understanding credit, and mitigating debt, the better
they may set themselves up for a secure future.
�

Further, the Department of Education has recently implemented a
financial literacy education requirement for graduation that will take effect
in the 2026-2027 academic year.
�

Therefore, there is a need for the University of Hawaii System to create
a similar financial education component, which will allow the students to
retain the information they learned in high school or practice it in a new way
as they take on more financial responsibilities in college.

����
The
purpose of this Act is to require the University of Hawaii System to establish
a financial literacy program that is offered every semester at no cost to
students.

����
SECTION
2.
�
(a)
�

The university of Hawaii system shall establish a voluntary financial
literacy program offered at the beginning of each semester at all campuses to
students at no cost.
�
The program shall
include but not be limited to the following:

����
(1)
�
The true cost of credit;

����
(2)
�
Choosing and managing a credit card;

����
(3)
�
Borrowing money for an automobile or other
large purchase;

����
(4)
�
Home mortgages;

����
(5)
�
Credit scoring and credit reports;

����
(6)
�
Budgeting;

����
(7)
�
Tax planning;

����
(8)
�
Investing; and

����
(9)
�
Other relevant financial literacy topics.

SECTION 3.
�
There is appropriated out of the general
revenues of the State of Hawaii the sum of $
����������
or so much thereof as may be
necessary for fiscal year 2026-2027 for the implementation of a financial
literacy program.

����
The sum
appropriated shall be expended by the university of Hawaii for the purposes of
this Act.

����
SECTION 4.
�
This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

Report Title:

UH
System; Financial Literacy; Program; Budget; Money Management

Description:

Requires
the University of Hawaii System to implement a financial literacy program
offered at all campuses at no cost to students.
�

Appropriates funds.

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.