RELATING TO EDUCATION.

Education

Active

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

Sponsor: WOODSON, AMATO, CHUN, GARCIA, HOLT, KAHALOA, KILA, KITAGAWA, LA CHICA, LOWEN, MARTEN, MATAYOSHI, MORIKAWA, POEPOE, SAYAMA, TAM, TARNAS, TODD, WARD
Last action: 2025-12-08
Official status: Carried over to 2026 Regular Session.
Effective date: Not listed

Plain English Breakdown

The bill summary does not provide specific details on the content or methods of teaching financial literacy.

Financial Literacy in Schools

This bill requires public schools to teach financial literacy as part of their curriculum by the start of the 2026-2027 school year.

What This Bill Does

Requires the Board of Education to create a policy for teaching financial literacy by the start of the 2026-2027 school year.
Directs public schools under the Department of Education to include financial literacy in their curriculum.

Who It Names or Affects

Public schools under the jurisdiction of the Department of Education
Students who attend these schools

Terms To Know

Financial Literacy: Understanding how to manage money, credit, and debt.

Limits and Unknowns

The bill does not specify the exact content or methods of teaching financial literacy.
It is unclear when exactly this policy will be implemented after it is approved.
The effective date listed as July 1, 3000 appears to be a placeholder and needs clarification.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HD1

Hawaii published version HD1

Plain English: This amendment requires the Board of Education to create a policy by the 2026-2027 school year that includes financial literacy education in public schools' curriculum.

The amendment mandates the Board of Education to develop and implement a policy for integrating financial literacy into the curriculum of Hawaii's Department of Education public schools.

The effective date mentioned (July 1, 3000) seems incorrect or is likely a placeholder and does not reflect an actual implementation timeline.
Details on how financial literacy will be incorporated into the curriculum are not provided in this amendment text.

Bill History

2025-12-08 D
Carried over to 2026 Regular Session.
2025-03-04 S
Referred to EDU, WAM.
2025-02-28 S
Passed First Reading.
2025-02-28 S
Received from House (Hse. Com. No. 24).
2025-02-27 H
Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick, Templo, Ward excused (4). Transmitted to Senate.
2025-02-27 H
Reported from FIN (Stand. Com. Rep. No. 850), recommending passage on Third Reading.
2025-02-21 H
The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 12 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Miyake, Templo, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 4 Excused: Representative(s) Lee, M., Morikawa, Alcos, Ward.
2025-02-19 H
Bill scheduled to be heard by FIN on Friday, 02-21-25 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.
2025-02-13 H
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kitagawa, Ward excused (3).
2025-02-13 H
Reported from EDN (Stand. Com. Rep. No. 580) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2025-02-11 H
The committee on EDN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Representative(s) Woodson, La Chica, Amato, Evslin, Garrett, Kapela, Kila, Olds, Sayama, Muraoka, Souza; Ayes with reservations: none; Noes: none; and Excused: none.
2025-02-07 H
Bill scheduled to be heard by EDN on Tuesday, 02-11-25 2:01PM in House conference room 309 VIA VIDEOCONFERENCE.
2025-01-21 H
Referred to EDN, FIN, referral sheet 2
2025-01-21 H
Introduced and Pass First Reading.
2025-01-17 H
Pending introduction.

Official Summary Text

RELATING TO EDUCATION.
Board of Education; Public Schools; Financial Literacy
Requires the Board of Education to adopt and enact a policy by the 2026-2027 school year directing Department of Education public schools to incorporate financial literacy education in the school's curriculum. Effective 7/1/3000. (HD1)

Current Bill Text

Read the full stored bill text

HB619

HOUSE OF REPRESENTATIVES

H.B. NO.

619

THIRTY-THIRD LEGISLATURE, 2025

STATE OF HAWAII

A BILL FOR AN ACT

relating
to education
.

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

����
SECTION
1.
�
The legislature finds that financial
education is a lifelong learning process that empowers individuals to plan for
their futures.
�
Historically, the
education system has assumed that students learn important financial skills
from their families.
�
However, not all
students are taught the financial skills they will need to be successful later
in life.

����
The
legislature further finds that a lack of financial literacy poses a significant
barrier for individuals seeking to achieve financial prosperity and
stability.
�
Personal financial education
is essential to ensure that Hawaii's youth are prepared to manage money,
credit, and debt and to become responsible workers, heads of households,
investors, entrepreneurs, business leaders, and citizens.

����
The
purpose of this Act is to require the board of education to adopt and enact a
policy by the 2026-2027 school year directing department of education public
schools to incorporate financial literacy education in the school's curriculum.

����
SECTION 2.
�
The board of education shall adopt and enact
a policy by the 2026-2027 school year directing public schools under the
jurisdiction of the department of education to incorporate financial literacy
education in the school's curriculum.

����
SECTION 3.
�
This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

Report Title:

Board of
Education; Public Schools; Financial Literacy

Description:

Requires the Board of Education to adopt and enact a policy by
the 2026-2027 school year directing Department of Education public schools to
incorporate financial literacy education in the school's curriculum.

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