HB 1736 Creates the Family Investment Trust Act
Bill Summary
- Prepared by Senate Research -

HCS/HB 1736 - This act creates the "Family Investment Trust". The trust is designed to network agencies and community partnerships using the Caring Communities model to develop a statewide system for community-based delivery of services to Missouri's children, youth and families.

The trust is governed by a board comprised of seven private sector individuals and the Directors of the Departments of Corrections, Elementary and Secondary Education, Health, Labor and Industrial Relations, Economic Development, Mental Health and Social Services.

The board will be responsible for recruiting and chartering community partnerships throughout the state, providing assistance to the partnerships to identify the community's needs and development of strategic plans for continued collaboration. Additionally, the board will advise the Governor and General Assembly on changes necessary to enhance the accountability of service delivery at the community level.

The act also creates the "Joint Committee on Family Investment Trust Oversight". It shall comprise of members of both the House and the Senate. Its function will be to examine the annual reports of the trust, to monitor and provide oversight, and to review all of the trust's finances.

This bill is similar to SB 698.
JOHN MESSMER

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