Texas Government Code 2054.577 – Technology Improvement and Modernization Fund
Current as of: 2024 | Check for updates
|
Other versions
(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.
Terms Used In Texas Government Code 2054.577
- Legacy: A gift of property made by will.
(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) § 404.071 does not apply to the fund.
(e) In this section, “state agency” has the meaning assigned by § 2052.101.