Authorizes eligible nonminor dependents to unenroll and reenroll, once between the ages of eighteen and twenty-one, in extended foster care through a voluntary placement agreement.

Requires the department of social and health services to allow a youth who has received extended foster care services, but lost his or her eligibility, to reenter the extended foster care program once through a voluntary placement agreement when he or she meets the eligibility criteria again.

Requires the state institute for public policy to conduct a study measuring the outcomes for youth who have received extended foster care services.

Provides that this act is null and void if appropriations are not approved.