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

SB 1404 allows Oklahoma to withdraw funds from its Revenue Stabilization Fund during federal government shutdowns exceeding 15 days. Specifically, it authorizes using up to one-quarter of the fund's balance to cover state employee salaries affected by federal furloughs and replace lost Supplemental Nutrition Assistance Program (SNAP) benefits. Withdrawals are capped at the actual cost incurred and cannot exceed the fund's available balance. This directly affects state workers unable to work due to federal shutdowns and SNAP recipients whose benefits are reduced during such events.