We have received text from S. 3306: Modernizing Government Technology Reform Act. This bill was received on 2025-12-02, and currently has 1 cosponsor.
Here is a short summary of the bill:
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that the TMF is used in alignment with its original goals to support the modernization, retirement, or replacement of outdated technologies across federal agencies.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Agency Chief Information Officers (CIOs) are tasked with identifying outdated IT systems and reporting them to the Federal CIO.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
- None found
Senator Jerry Moran Bill Proposals
Here are some bills which have recently been proposed by Senator Jerry Moran:
- S.3436: Caring for Veterans and Strengthening National Security Act
- S.3428: A bill to establish a Task Force for Recognizing and Averting Cryptocurrency Scams, and for other purposes.
- S.3388: A bill to improve the availability of care for veterans from facilities and providers of the Department of Defense, and for other purposes.
- S.3306: A bill to amend section 1078 of the National Defense Authorization Act for Fiscal Year 2018 to increase the effectiveness of the Technology Modernization Fund, and for other purposes.
- S.3119: Fisher House Availability Act of 2025
- S.3092: Affordable Housing Expansion Act
You can track bills proposed by Senator Jerry Moran on Quiver Quantitative's politician page for Moran.
Senator Jerry Moran Net Worth
Quiver Quantitative estimates that Senator Jerry Moran is worth $3.1M, as of December 20th, 2025. This is the 221st highest net worth in Congress, per our live estimates.
Moran has approximately $1.2M invested in publicly traded assets which Quiver is able to track live.
You can track Senator Jerry Moran's net worth on Quiver Quantitative's politician page for Moran.
Senator Jerry Moran Stock Trading
We have data on up to $4.6M of trades from Senator Jerry Moran, which we parsed from STOCK Act filings. Some of the largest trades include:
- A March 10th, 2020 sale of up to $50K of $VWO. The stock has risen 38.34% since then.
- A December 6th, 2018 purchase of up to $50K of $WFC. The stock has risen 81.56% since then.
- A December 6th, 2018 purchase of up to $50K of $DIS. The stock has fallen 2.39% since then.
- A September 25th, 2019 sale of up to $50K of $JNK. The stock has fallen 10.88% since then.
- A July 29th, 2024 sale of up to $50K of $BRK.B. The stock has risen 13.97% since then.
You can track Senator Jerry Moran's stock trading on Quiver Quantitative's politician page for Moran.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
