State management: purchasing; information technology projects; establish maximum time period and cost limit for. Amends secs. 261e & 451a of 1984 PA 431 (MCL 18.1261e & 18.1451a).

This bill establishes new rules for Michigan state information technology projects, setting a maximum duration of 36 months and a cost limit of $10 million for any single project. It requires the Department of Technology, Management, and Budget to create a monitoring system that tracks project costs, identifies overruns, and ensures all spending is accurately recorded. State agencies must report technology spending outside designated funds and cannot use specific appropriations for purposes beyond their intended systems. The bill also clarifies how work project funds lapse at the end of fiscal years and gives the director authority to close unused accounts with oversight from appropriations committees.