The bill establishes the Stolen SNAP Benefits Replacement Fund within the Department of Treasury, aimed at providing financial restitution to SNAP participants who have had their benefits stolen through fraudulent methods such as card skimming and cloning. The Commissioner of Human Services is tasked with creating a process for determining eligibility for benefit replacement, which will be available to participants whose benefits were stolen between the expiration of a federal program for replacing stolen SNAP benefits and the issuance of new chip technology electronic benefits transfer cards. The fund will be financed through a temporary supplemental fee of five percent on penalties collected from civil or criminal settlements involving the Attorney General, which will be deposited into the fund for the purpose of replacing stolen benefits.

Additionally, the bill appropriates $20 million from the Stolen SNAP Benefits Replacement Fund to the Administrative Office of the Courts for the development and maintenance of a standardized computer system necessary for the collection of the supplemental fee and related administrative costs. The fund will be dissolved three months after the Commissioner certifies that the state has transitioned to chip technology EBT cards for all SNAP participants, at which point a report will be submitted to the Governor and Legislature detailing the total amount of benefits restored and any remaining fund balances returned to the General Fund. The provisions of the bill will take effect immediately and will expire upon the submission of this report.