ID H0612

Creates the Technology Infrastructure Stabilization Fund in the state treasury to receive legislative appropriations for technology projects and related expenses.

Fund moneys may be used for technology projects requested, recommended, or funded through the annual state budget process, including software development and computer hardware or equipment.

Authorizes the Legislative Services Office to evaluate and provide analysis and recommendations regarding the requirements, merit, necessity, cost, compatibility, and monitoring of technology projects.

State Treasurer shall invest idle moneys in the fund and retain all interest earned on such investments.

Appropriates and transfers $22,000,000 from the General Fund to the Technology Infrastructure Stabilization Fund on July 1, 2018, for the fiscal year ending June 30, 2019.