Plain English Breakdown
The exact use of the additional funds and their impact are unclear from the provided official source material.
Provide More Money for the Technology Innovation Fund
This bill proposes to add $1 million to the Technology Innovation Fund for fiscal year 2027.
What This Bill Does
- Adds $1,000,000 to the Technology Innovation Fund from the State General Fund.
- Requires the State Treasurer to pay out this money as needed.
Who It Names or Affects
- People and organizations that receive funding from the Technology Innovation Fund.
Terms To Know
- Technology Innovation Fund
- A fund in Mississippi used to support technology projects and initiatives.
- State General Fund
- The main account where the state keeps money for different uses.
Limits and Unknowns
- This bill did not pass, so it has no effect.
- It is unclear how the extra $1 million will be used.