The bill amends the Child Abuse and Neglect Prevention Act of 1982 by renaming the state board to the "Children Trust Michigan Board" and redefining various terms related to child welfare. Key changes include the introduction of new definitions such as "prevention partner" and "trust fund," while also clarifying the roles and responsibilities of the board and its members. The bill emphasizes the board's autonomy within the Department of Health and Human Services and outlines its authority to partner with fundraising entities to support its mission.

Additionally, the bill modifies the criteria for funding and grants, shifting the focus from local councils to prevention partners, and establishes new requirements for these partners to demonstrate their ability to provide matching funds and develop community prevention programs. It mandates a thorough review of the board's functions and performance every three years by the Department of Health and Human Services Bureau of Audit, ensuring accountability and effectiveness in preventing child abuse and neglect.