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MS HB1489

MS HB1489: Technology Innovation Fund; establish. Verified

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Disclaimer: This page provides general informational summaries only and does not constitute legal advice. AI-generated content may contain errors. Always consult a qualified attorney for guidance specific to your situation. Read full disclaimer →
AI Summary

The bill creates a Technology Innovation Fund to support tech-driven projects, enhance service delivery, promote equitable access to technology, and improve cybersecurity in Mississippi.

Business Impact

If you operate a tech project in Mississippi, you must apply for funding from the Technology Innovation Fund to support your initiatives.

State
Mississippi
Bill Number
HB1489
Status
Enacted
Risk Level
Medium
Category
Comprehensive
Effective Date
Jul 1, 2026
Last Action
Feb 4, 2025
Last Verified
May 21, 2026
Data Updated
May 21, 2026
What do these statuses mean?
Introduced — Filed in the legislature; not yet heard in committee
In Committee — Assigned to and being reviewed by a legislative committee
Passed — Approved by one or both chambers; awaiting further action
Signed / Enacted — Signed into law by the governor; may or may not be in effect yet
Dead / Vetoed — Vetoed, failed to pass, or session expired without action
Unknown — Status data not yet available or awaiting classification

Affected Industries

Public Sector Technology Employment Finance Education

Topics How we classify →

What This Means

Mississippi's HB1489 establishes a Technology Innovation Fund to enhance service delivery through technology. It supports projects utilizing AI, blockchain, cloud computing, and data analytics, fostering collaboration between public and private sectors. This initiative also emphasizes equitable access to technology for underserved communities and aims to enhance cybersecurity and protect state digital infrastructure.

Key Provisions

Latest Legislative Action

Died In Committee

Bill Sponsors

Name Role District
Sponsor HD-113

Compliance Checklist

Apply for funding from the Technology Innovation Fund
Who: Eligible entities including state agencies and educational institutions
Deadline: As specified in future funding announcements
Penalty: Ineligibility for funding if not applied
Provide periodic reports on funded projects
Who: Recipients of funding
Deadline: As required by the chief information officer
Penalty: Potential loss of future funding

Full Legal Analysis

HB1489 establishes the Technology Innovation Fund, administered by the Mississippi Department of Information Technology Services, to provide financial support for technology-driven projects. The fund aims to address critical needs, improve service delivery, enhance cybersecurity, and protect state digital infrastructure. It fosters collaboration among public and private entities. Eligible applicants include state and local agencies, educational institutions, non-profits, and private sector entities partnering with public agencies. The bill outlines funding mechanisms, including initial appropriations and revenue from cloud services, while requiring accountability through periodic reporting on funded projects. The fund is initially capitalized with $5 million from the State General Fund for fiscal year 2026, with additional funding sources identified for future sustainability.

Official Source


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