Adopt the Reimbursable Performance-Based Grants Act

This bill establishes the Reimbursable Performance-Based Grants Act to create a funding program for private-sector organizations working with young adults aged 18 to 25. The program aims to reduce incarceration, poverty, and homelessness by requiring applicants to secure their own initial funding and demonstrating that their projects will achieve specific measurable social outcomes. The Department of Revenue will evaluate grant applications based on these metrics, with an independent review committee handling appeals for denied requests. Any money saved by the state due to reduced costs in correctional facilities and social services will be transferred back into the grant fund to support future initiatives.