Sec. 2054.577. TECHNOLOGY IMPROVEMENT AND MODERNIZATION FUND. (a) The technology improvement and modernization fund is a special fund in the state treasury outside the general revenue fund.
(b) The fund consists of:
(1) money transferred or deposited to the credit of the fund at the direction of the legislature;
(2) money received from the federal government for the purposes of improving and modernizing state agency information resources;
(3) gifts, donations, and grants to the fund, including federal grants; and
(4) interest earned on the investment of money in the fund.
(c) Money in the fund:
(1) may be used to improve and modernize state agency information resources, including legacy system projects and cybersecurity projects; and
(2) may not be used to replace money appropriated to a state agency for the purposes of operating and maintaining state agency information resources or reduce the amount of money appropriated to a state agency for those purposes.
(d) Section 404.071 does not apply to the fund.
(e) In this section, "state agency" has the meaning assigned by Section 2052.101.
Added by Acts 2021, 87th Leg., R.S., Ch. 1037 (H.B. 4018), Sec. 1, eff. June 18, 2021.