This bill mandates that the Department of Health and Human Services (DHHS) prepare a report for the legislature and governor detailing the budget requirements for managing social security and veterans' benefits for children in placement through the department. The report must include a budget proposal for the biennium ending June 30, 2027, and is due by December 31, 2024. To aid in the preparation and implementation of the report's recommendations, the bill also requires the DHHS to hire a consultant with expertise in how other states handle such payments and benefits for children in placement.

The bill appropriates $150,000 for the biennium ending June 30, 2025, specifically for hiring the consultant. The governor is authorized to issue a warrant for this sum from any available money in the treasury not already allocated for other purposes. The act became effective upon its passage, with an approval date of July 12, 2024, and the same effective date. There are no insertions or deletions indicated in the provided text.