In one paragraph
Mississippi's HB 1489 (2025) would establish a Technology Innovation Fund, administered by the Department of Information Technology Services, to finance technology projects that improve government service delivery, including research, prototyping and piloting of emerging technologies such as artificial intelligence, blockchain, data analytics and cloud computing. It would be capitalized with $5,000,000 for fiscal year 2026 or another source set by the Legislature. It died in committee on February 4, 2025.
Plain-English summary, written with AI assistance. The official text controls.
What it means for business
None: the bill died and never became law. It would have let private firms apply for state technology grants or loans only in partnership with public agencies; it imposes no AI-specific duties.
Key provisions
- Would create the Technology Innovation Fund under the Chief Information Officer, including support for research, prototyping and piloting of emerging technologies such as AI, blockchain, data analytics and cloud computing
- Eligible applicants: state and local agencies, public and private educational institutions, nonprofits, and private entities partnering with public agencies
- The fund could allocate grants, matching funds or loans; recipients would have to report periodically, and the CIO would report annually to the Governor and Legislature
- Would be capitalized with $5,000,000 from the General Fund for fiscal year 2026 (or another source) and, annually thereafter, 1% of funds collected on sales of IaaS, PaaS, SaaS and cloud-related professional services
- Would amend Sections 25-53-5 and 25-53-29 and bring forward Section 25-53-151 for possible amendment (the captured text is cut off in the amendments)
- Referred to State Affairs and Appropriations A on January 20, 2025; died in committee February 4, 2025
Latest legislative action
Feb 4, 2025. Died In Committee
Sponsors
| Name | Role | District |
|---|---|---|
| Henry Zuber R | Sponsor | HD-113 |
Topics and industries
Related topics
Affected industries
This page is general information, not legal advice. Summaries are AI-assisted and may contain errors; read the statute for the controlling text and talk to a lawyer about your situation. Full disclaimer · Report an error