The bill establishes an Extended Foster Care Services Grant Program under Minnesota Statutes, section 260C.453, aimed at providing financial support and case management services to eligible youth aged 21 to 27 who have previously been in foster care. The program will be administered by the commissioner of children, youth, and families, who is required to set up eligibility criteria for both grantees and youth. Grantees must be community-based providers with expertise in serving transition-age youth and must meet specific performance metrics and training standards. Eligible youth must have been in foster care at age 14 or older, not currently be receiving Title IV-E foster placement, and be engaged in various educational or employment activities.

The bill also mandates the provision of various services to eligible youth, including monthly stipends adjusted for living costs, case management, financial literacy training, housing navigation, and transition planning. Additionally, the commissioner is required to track and report outcomes of the program, disaggregated by protected classes and geography, to monitor disparities. The bill includes an appropriation for fiscal year 2027 to support the program's implementation and outlines a timeline for establishing application procedures and performance metrics. The program is set to take effect on July 1, 2028.