S. 3306: Modernizing Government Technology Reform Act

The Modernizing Government Technology Reform Act aims to enhance the effectiveness of the Technology Modernization Fund (TMF) created under a previous law. Here's a breakdown of its key provisions:

Purpose of the Bill

The bill's main focus is on modernizing and improving information technology systems within government agencies. It seeks to ensure that the TMF is used in alignment with its original goals to support the modernization, retirement, or replacement of outdated technologies across federal agencies.

Use of Funds

Under the proposed amendments, the TMF would be able to allocate funding for:

• Acquiring and operating new information technology systems.
• Improving cybersecurity measures and safeguarding privacy.
• Enhancing long-term efficiency and effectiveness in using information technologies.
• Strengthening the agencies' capabilities to fulfill their missions and serve the public.

Accountability and Repayment

The bill establishes requirements for funding transfers:

• Agencies must repay funds transferred from the TMF, with repayment terms designed to keep the fund operational.
• Funding can be suspended if agencies provide fraudulent information related to projects funded by the TMF.

Project Evaluation Criteria

Agencies would be required to follow specific criteria when requesting funding:

• Projects should show metrics of development milestones.
• Funding requests should demonstrate clear alignment with ensuring effective program management.

Reporting and Oversight

The bill also includes provisions for regular reporting to Congress, ensuring transparency regarding:

• The effectiveness of funded projects.
• The financial health of the TMF.

Identifying Legacy Systems

Agency Chief Information Officers (CIOs) are tasked with identifying outdated IT systems and reporting them to the Federal CIO. This process includes:

• Providing initial and annual updates on high-risk legacy systems.
• Creating a prioritized list of systems that could present security or operational risks.

Implementation Guidance

The Director of the Office of Electronic Government is required to issue guidance to facilitate the implementation of the bill's provisions.

Sunset Clause

The provisions regarding the agencies’ responsibilities will remain in effect until the Technology Modernization Fund is officially terminated.

Relevant Companies

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