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Texas Government Code - GOV'T § 2054.577. Technology Improvement and Modernization Fund

Current as of January 01, 2024 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2054.577. Technology Improvement and Modernization Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2054-577/

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