Declares an intent to create the healthiest state in the nation by striving to eliminate health disparities in women and people of color. In meeting the intent of this act, the legislature creates the governor's interagency council on health disparities.

Directs the council to promote and facilitate communication, coordination, and collaboration among relevant state agencies and communities of color to address health disparities. The council shall conduct public hearings, inquiries, studies, or other forms of information gathering to understand how the actions of state government ameliorate or contribute to health disparities. Within the limits of their resources, all state agencies must cooperate with the council's efforts.

Directs the governor's interagency council on health disparities to consider in its deliberations an action plan for eliminating health disparities by 2012.

Requires the council to meet as often as necessary but not less than six times per calendar year. The council shall report its progress with the action plan to the governor and the legislature no later than January 15, 2008. A second report shall be presented no later than January 15, 2010, and a final report from the council shall be presented to the governor and the legislature no later than January 15, 2012.