State fiscal affairs; authorizing withdrawal of funds from the Revenue Stabilization Fund upon federal shutdown; providing for expenditures. Effective date.

Summary

The bill authorizes the state to tap the Revenue Stabilization Fund when a federal shutdown lasts more than fifteen days. Up to one‑quarter of the fund’s balance can be used to cover salaries of state workers whose pay depends on federal funds and to replace reduced Supplemental Nutrition Assistance Program benefits. This creates a financial safety net for state services during federal funding gaps.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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