HB 2761 - DIGEST

     Finds that major state information technology projects require additional oversight and review, along with a new funding approach.

     Finds that public funds are used most efficiently when major state information projects are funded using a competitive approach that relies on incremental expenditures from a pooled fund to reward efficient and timely completion of projects.

     Declares that incremental expenditures and increased, expert oversight of expenditures will promote sound agency planning, will ensure wise use of public funds, and will avoid delays that would otherwise result in increased costs to taxpayers and delayed implementation of state technology services.  Such an approach will also permit prompt revision of expenditure plans to allow redeployment of public moneys to the projects that can be completed effectively.

     Finds that the funding system for information technology projects should encourage agencies to invest in technology projects that will result in future savings to the state.