Establishes the Sustainable Child-Serving Workforce and Foster Care Modernization Act to update foster care rates and stabilize the workforce.

The bill creates the Sustainable Child-Serving Workforce and Foster Care Modernization Act. It mandates the Department of Human Services, Bureau for Social Services, to rebase foster care rates using current cost data and implement automatic annual adjustments based on indices like the Employment Cost Index for Health Care & Social Assistance. The act also includes adjustments to therapeutic foster care and child-placing agency administrative rates to reflect current costs and provide incentive payments for retention and placement stability.

Establishes the Sustainable Child-Serving Workforce and Foster Care Modernization Act to update foster care rates and stabilize the workforce.

The bill creates the Sustainable Child-Serving Workforce and Foster Care Modernization Act. It mandates the Department of Human Services, Bureau for Social Services, to rebase foster care rates using current cost data and implement automatic annual adjustments based on indices like the Employment Cost Index for Health Care & Social Assistance. The act also includes adjustments to therapeutic foster care and child-placing agency administrative rates to reflect current costs and provide incentive payments for retention and placement stability.