An Act relative to the modernization of state agency information technology systems

This bill creates the Massachusetts Innovation Fund and a dedicated technology upgrades account to financially support state agencies in modernizing their information technology systems. It establishes a new board composed of government officials, legislators, and technical experts to oversee the distribution of funds for projects that replace outdated systems, migrate to cloud computing, or improve cybersecurity. The legislation defines specific terms like "legacy information technology system" and "cloud computing service" to guide these upgrades and authorizes the comptroller to set up a loan program where agencies can borrow money for these initiatives without needing a separate annual appropriation.