Creates the Technology Infrastructure Stabilization Fund; and appropriates and transfers $22,000,000 from the General Fund to the Technology Infrastructure Stabilization Fund for FY 2019.

This bill creates a new dedicated fund, the Technology Infrastructure Stabilization Fund, in order to save, budget, and account for the technology infrastructure needs of the state in a manner that is stable, uniform, transparent, and systematic. Over the last several fiscal years, agencies have requested and/or received appropriations to update or replace their information systems at a significant cost to the state. Most projects cost between $258,000 and $15,000,000. This fund may be utilized as a way to increase tracking capabilities and accountability for such projects. The fund will consist of moneys that may be provided by legislative appropriation and will be used to fund technologyprojectsrequested, recommended, orfundedthroughtheannualstatebudgetprocess. Itmayalso be used by the Legislative Services Office to evaluate and provide analysis and recommendations regarding the requirements, merit, need, cost, compatibility, and monitoring of technology projects. The bill also provides for a cash transfer for its initial funding.