Section 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.Tex. Gov't. Code § 2054.577
Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 1037,Sec. 1, eff. 6/18/2021.