Bill > HR2985

This bill amends Section 1078 of the National Defense Authorization Act for Fiscal Year 2018 to improve the Technology Modernization Fund (TMF), a government mechanism for upgrading federal information technology systems. The bill clarifies and expands the fund's use, requiring that transferred funds be used specifically to modernize, retire, or replace legacy IT systems, enhance cybersecurity, improve agency efficiency, and support mission performance. The legislation introduces new accountability measures, including requiring agencies to provide detailed plans for IT system improvements and mandating incremental fund transfers tied to specific development milestones. Additionally, the bill requires federal agency Chief Information Officers to create and annually update an inventory of high-risk legacy IT systems, with the Federal Chief Information Officer compiling a prioritized list of the ten most critical systems that pose security, privacy, and operational risks. The bill also establishes more stringent reporting requirements and terms of repayment for agencies receiving TMF funds, and extends the fund's operational timeline until December 31, 2032. Importantly, the legislation allows for the suspension or termination of funding for projects where agencies have provided fraudulent or misleading information about their technical design, business case, or program management.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-bill/2985/all-info