This bill proposes the establishment of a State Information Technology Research Center and an Advanced Technology Review Committee in North Dakota. The new section to chapter 15-11 outlines the center's role in conducting innovative research to advance data science, software engineering, and information technology within the state. The center will operate as a collaborative virtual entity, selecting research topics, entering contracts with educational institutions and organizations, and developing advanced technology solutions. It will also report its activities annually to the legislative management's information technology committee and upon request to appropriations committees.

Additionally, a new chapter to title 54 introduces the Advanced Technology Review Committee, which will consist of members from the information technology department, the North Dakota university system, and private sector experts appointed by state leaders. This committee will oversee a Compute Credits Grant Program, providing grants to support advanced technology research and development for startups and small businesses. The bill establishes guidelines for grant eligibility and usage, ensuring funds are directed towards enhancing technology solutions and not for capital investments or operational costs. An advanced technology grant fund will be created to manage these grants and associated administrative expenses.