STAND. COM. REP. NO. 887

Honolulu, Hawaii

, 2023

RE: H.B. No. 936

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 936, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO EDUCATION,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Beginning with the 2024-2025 school year, require the Department of Education to include financial literacy in the personal transition plan requirement for each student; and

(2) Appropriate funds for the establishment of a position dedicated to financial literacy with the Department of Education.

Your Committee received testimony in support of this measure from the Hawaii Credit Union League, NGPF Mission 2030 Fund, Maui Chamber of Commerce, and eleven individuals. Your Committee received comments on this measure from the Department of Education and Board of Education.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 936, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

KYLE T. YAMASHITA, Chair