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Bill 2443 would create Technology Innovation Fund for ITS, divert cloud-fee revenue to AI hub
Summary
Chairman Williams presented Bill 2443 to create a Technology Innovation Fund for ITS, redirecting a 1% cloud-services fee now deposited in the general fund to support an AI innovation hub and cloud initiatives.
Chairman Williams introduced Bill 2443 as enabling legislation to create a Technology Innovation Fund overseen by the state information technology service (ITS). Williams said the bill would redirect a 1% fee applied to cloud-related services — described as IaaS (infrastructure as a service) and SaaS (software as a service) — that currently flows into the general fund, and give ITS authority to use those monies to set up an AI innovation hub and related resources.
Williams described…
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