"Citizen's Fund Act"; establishes trust fund for conveyance of certain public entity assets, as permitted, for interest of public benefit plans.

The Citizen's Fund Act establishes a trust fund called the "Citizens Fund" that allows public entities (such as cities, counties, school districts, and state agencies) to transfer revenue-producing assets - like infrastructure or real property - to the fund. It requires an "all-inclusive review" assessing fiscal impact before any asset transfer to ensure public benefit. The fund must operate separately to maximize asset value, directly increasing pension funded ratios for public benefit plans (including retirement systems). This affects local governments managing public assets and their associated pension programs.