Bill Text: HI HCR7 | 2012 | Regular Session | Introduced

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Bill Title: Financial Literacy; Office of Hawaiian Affairs Package

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2012-01-20 - (H) Referred to EDN, FIN, referral sheet 4 [HCR7 Detail]

Download: Hawaii-2012-HCR7-Introduced.html

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HOUSE OF REPRESENTATIVES	H.C.R. NO.	7
TWENTY-SIXTH LEGISLATURE, 2012
STATE OF HAWAII

HOUSE CONCURRENT

RESOLUTION

 

 

REQUESTING THE ADDITION OF FINANCIAL LITERACY EDUCATION TO THE PUBLIC SCHOOL CURRICULUM.

 

 

 

     WHEREAS, without knowledge and understanding of financial matters, people are incapable of managing their personal finances effectively and making sound decisions regarding such matters as purchasing, saving, investing, and borrowing; and

 

     WHEREAS, many students in Hawaii's public schools do not receive sufficient financial education in their homes; and

 

     WHEREAS, a lack of financial literacy can be especially damaging to students and families during hard economic times; now, therefore,

 

     BE IT RESOLVED by the House of Representatives of the Twenty-sixth Legislature of the State of Hawaii, Regular Session of 2012, the Senate concurring, that the Department of Education is requested to require the public schools to include a one-semester financial literacy course in the curriculum in the tenth, eleventh, or twelfth grade; and

 

     BE IT FURTHER RESOLVED that, at minimum, the financial literacy course shall include instruction on:

 

     (1)  Basic financial functions such as writing a check and opening a bank account;

 

     (2)  The fundamentals of purchasing, saving, investing, and borrowing; and

 

     (3)  How to avoid becoming a victim of predatory lending, financial scams, and other forms of financial exploitation; and

 

     BE IT FURTHER RESOLVED that certified copies of this Concurrent Resolution be transmitted to the Governor, Chairperson of the Board of Education, Superintendent of Education, and Chairperson of the Board of Trustees of the Office of Hawaiian Affairs.

 

 

 

	OFFERED BY:	_____________________________

Report Title: 

Financial Literacy; Office of Hawaiian Affairs Package