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

This bill establishes the "Citizen's Fund," a trust fund to hold revenue-producing public assets transferred from public entities like cities, counties, or school districts. Public entities can convey assets (such as infrastructure or facilities) to the fund, which manages them to increase the funded ratio of public pension plans for employees. Key provisions require independent valuations of assets before transfer, maintain the fund as a separate entity with strict accounting rules, and mandate that all fund assets be used solely to maximize asset value and support pension benefits. The fund must operate tax-exempt under federal law and cannot benefit individuals directly.