SB 1063 - This act creates the Family and Community Investment Trust (Trust) in order to strengthen community support systems for Missouri's families.

SECTIONS 205.571 - 205.573 The Trust will be governed by a Board which will include directors from various state departments and nine private sector members, appointed by the Governor. The Trust will provide leadership to improve the well-being of Missouri's families and communities through public-private partnerships in collaboration with community organizations.

SECTION 205.575 The Trust will have the power to receive donations for the purpose of providing technical training to state agencies and communities. It may work with communities and agencies to identify needs and may monitor the implementation of plans of action. Finally, the Trust may devise strategies to respond to federal fiscal policy changes affecting family and youth programs.

The Trust must advise the Governor and the General Assembly on state budget needs or policy changes needed. At least two public hearings must be held per year, with one meeting being held prior to the development of departmental budget proposals.

SECTION 205.577 Establishes the "Family and Community Investment Trust Legislative Oversight Committee" to be comprised of 5 members from both the House and the Senate. The Committee will supervise the Trust and will ensure the appropriate management of funds.

This bill is substantially similar to HB 1954 (2000).

The provisions of this act are contained in HS/HCS/HB 1305.
ERIN MOTLEY