State government finance; Federal Overreach and Extraordinary Litigation Revolving Fund; Office of Attorney General; effective date; emergency.

This Oklahoma law creates a permanent revolving fund called the Federal Overreach and Extraordinary Litigation Revolving Fund, which is managed by the state Office of the Attorney General. The fund allows the Attorney General to use money specifically for addressing federal overreach, including defending state reserved powers and handling litigation related to foreign threats, interstate crime, terrorism, and public safety. Money in the fund is not limited by the state's annual budget cycle and can be spent whenever needed through warrants issued by the State Treasurer. The law also declares an emergency to make the fund effective immediately upon the bill's passage.