HomeMy WebLinkAboutRES 190 Draft 01 2020-2022�JMtY OF M,7
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COUNTY OF HAWAII �* STATE OF HAWAII
TE OFN'
RESOLUTION NO.
A RESOLUTION URGING THE HAWAII STATE LEGISLATURE TO CONTINUE
PURSUING LEGISLATION THAT ENCOURAGES THE DEPARTMENT OF
EDUCATION TO DEVELOP A CURRICULUM FOR FINANCIAL LITERACY AND
INCLUDE THESE TEACHINGS AS A COURSE REQUIREMENT FOR EACH
STUDENT BY 2022.
WHEREAS, financial literacy is the knowledge, skills, and access capacity of
individuals to manage their financial resources effectively; and
WHEREAS, the COVID-19 pandemic precipitates the need for Hawaii youth and
young adults to learn financial resilience so that they may have access to and an understanding of
financial products, services and concepts while making informed choices, avoiding pitfalls, and
improving their long-term potential for financial well-being; and
WHEREAS, a recent State resolution indicates that Hawaii ranks among the ten states
with the lowest level of high school financial literacy in the nation; and
WHEREAS, in 2015, the Legislature requested the Department of Education to
establish a Hawaii public schools financial literacy task force; and
WHEREAS, the task force submitted a report to the Legislature recommending the
implementation of a financial literacy program in schools; and
WHEREAS, on April 20, 2021, the State legislature adopted Senate Concurrent
Resolution 1525 urging the Department of Education to coordinate with the Department of
Commerce and Consumer Affairs to implement a graduation requirement of at least half credit in
financial literacy during the junior or senior year of high school; and
WHEREAS, introduced in 2021, State Senate Bill 1004 proposes that the Department of
Education "shall require the teaching of financial literacy to be included in the existing
personal/transition plan requirement for each student" but the bill did not advance from
conference committee and remains active for the 2022 legislative session; now, therefore,
BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII that it
urges the Hawaii State Legislature to continue pursuing legislation that encourages the
Department of Education to develop a curriculum for financial literacy and include these
teachings as a course requirement for each student by 2022.
BE IT FURTHER RESOLVED that the legislature consider proposing to the
Department that it include practical information relating to banking, credit cards, student loans,
filing taxes, credit scores, savings and investments,rental deposits, and wages and benefits
analysis as part of its financial literacy curricula.
BE IT FINALLY RESOLVED that the County Clerk shall transmit a copy of this
resolution to Honorable Governor David Y. Ige; Honorable Lieutenant Governor Josh Green; the
Chairperson of the State of Hawai`i Board of Education; the State Superintendent of the Hawai`i
State Department of Education; the Director of the State Department of Commerce and
Consumer Affairs; the Chairpersons of the State Senate and State House Education Committees;
the Chairperson of the State Senate Ways and Means Committee; and the Chairperson of the
State House Finance Committee.
Dated at Kona , Hawai`i, this 22nd day of September , 2021 .
INTRODUCED BY:
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COUNCIL ME I BER `:UNTY OF HAWAII
COUNTY COUNCIL ROLL CALL VOTE
County of Hawaii AYES NOES ABS EX
Hilo, Hawaii CHUNG X
DAVID X
I hereby certify that the foregoing RESOLUTION was by INABA X
the vote indicated to the right hereof adopted b the COUNCIL of the
County of Hawai`i on September 22y, 2021 KpNEALI`I-KLEINFELDER X
KIERKIEWICZ X
KIMBALL X
ATTEST: LEE LOY X
RICHARDS X
VILLEGAS X
6 0 3 0
JP AO/ Reference: C-365/GOREDC-16
CO i Y ' CHAIRPERSON&PRES1 ER RESOLUTION NO. 190 21
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