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 replacing these stolen benefits, which can be accessed if the theft occurred between the expiration of a federal program for replacing stolen benefits and the issuance of a new chip technology electronic benefits transfer (EBT) card. The fund will be financed by a 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 SNAP benefits.

Additionally, the bill appropriates $20 million from the fund to the Administrative Office of the Courts for the development and maintenance of a standardized computer system to facilitate the collection of the supplemental fee and cover related administrative costs. The fund is designed to be temporary, dissolving three months after the Commissioner certifies that all SNAP participants have transitioned to chip technology EBT cards. A report detailing the total amount of stolen benefits restored and the number of participants affected will be submitted to the Governor and Legislature following the fund's dissolution.