HB5642 allocates funds for the Department of Innovation and Technology's expenses for FY27.
HB5642 provides appropriations for the Department of Innovation and Technology's ordinary and contingent expenses for the fiscal year beginning July 1, 2026. The bill allocates $393,399,200 from the General Revenue Fund and $714,216,700 from other state funds, totaling $1,107,615,900. Specific allocations include $107,206,100 for personal services, $681,716,700 from the Technology Management Revolving Fund, $12,000,000 for an Artificial Intelligence Innovation Program, and $17,500,000 from the Personal Property Tax Replacement Fund for broadband projects.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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