[Senate Report 118-332]
[From the U.S. Government Publishing Office]


                                                       Calendar No. 752

118th Congress }                                              { Report
                                 SENATE                          
  2d Session   }                                              { 118-332
_______________________________________________________________________

                                     



                   MODERNIZING GOVERNMENT TECHNOLOGY
                               REFORM ACT

                               __________


                              R E P O R T

                                 of the

                   COMMITTEE ON HOMELAND SECURITY AND
                          GOVERNMENTAL AFFAIRS
                          UNITED STATES SENATE

                              to accompany

                               H.R. 5527

             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





               [GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]





   December 19 (legislative day, December 16), 2024.--Ordered to be 
                                printed
                                 
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                  U.S. GOVERNMENT PUBLISHING OFFICE

59-010                    WASHINGTON : 2025                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
 
                                
                                
                                
        COMMITTEE ON HOMELAND SECURITY AND GOVERNMENTAL AFFAIRS

                   GARY C. PETERS, Michigan, Chairman
THOMAS R. CARPER, Delaware           RAND PAUL, Kentucky
MAGGIE HASSAN, New Hampshire         RON JOHNSON, Wisconsin
KYRSTEN SINEMA, Arizona              JAMES LANKFORD, Oklahoma
JACKY ROSEN, Nevada                  MITT ROMNEY, Utah
JON OSSOFF, Georgia                  RICK SCOTT, Florida
RICHARD BLUMENTHAL, Connecticut      JOSH HAWLEY, Missouri
ADAM SCHIFF, California              ROGER MARSHALL, Kansas

                   David M. Weinberg, Staff Director
                      Alan S. Kahn, Chief Counsel
                  Michelle M. Benecke, Senior Counsel
   Tiffany Ann Shujath, U.S. Department of Homeland Security Detailee
           William E. Henderson III, Minority Staff Director
              Christina N. Salazar, Minority Chief Counsel
                  Andrew J. Hopkins, Minority Counsel
                     Laura W. Kilbride, Chief Clerk
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     

                     
                     
                                       
                     
                     

                                                      Calendar No. 752

118th Congress }                                             { Report
                                 SENATE                         
  2d Session   }                                             { 118-332                     

======================================================================



 
              MODERNIZING GOVERNMENT TECHNOLOGY REFORM ACT

                                _______
                                

   December 19 (legislative day, December 16), 2024.--Ordered to be 
                                printed

                                _______
                                

 Mr. Peters, from the Committee on Homeland Security and Governmental 
                    Affairs, submitted the following


                              R E P O R T

                        [To accompany H.R. 5527]

      [Including cost estimate of the Congressional Budget Office]

    The Committee on Homeland Security and Governmental 
Affairs, to which was referred the bill (H.R. 5527) 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, having 
considered the same, reports favorably thereon without 
amendment and recommends the bill do pass.

                                CONTENTS

                                                                   Page
  I. Purpose and Summary..............................................1
 II. Background and Need for the Legislation..........................2
III. Legislative History..............................................2
 IV. Section-by-Section Analysis of the Bill, as Reported.............3
  V. Evaluation of Regulatory Impact..................................4
 VI. Congressional Budget Office Cost Estimate........................4
VII. Changes in Existing Law Made by the Bill, as Reported............6

                         I. Purpose and Summary

    H.R. 5527, the Modernizing Government Technology Reform 
Act, extends and revises the Technology Modernization Fund 
(TMF), a revolving fund administered by the General Services 
Administration for technology-related activities. The bill 
reauthorizes the TMF and its governing board, the Technology 
Modernization Board (TMB), which were established by the 
bipartisan Modernizing Government Technology Act of 2017, which 
passed as part of the National Defense Authorization Act for 
Fiscal Year 2018.\1\
---------------------------------------------------------------------------
    \1\Pub. Law 115-91 (2017).
---------------------------------------------------------------------------
    The bill includes several measures to improve the 
administration of the TMF and ensure program operations adhere 
to congressional intent. It would require TMF awards to be 
reimbursed at the level needed to ensure the fund is 
operational until it sunsets and creates a new requirement that 
federal agencies reimburse administrative fees. The bill also 
establishes a Federal Legacy IT Inventory, an oversight tool 
that will allow Congress to evaluate agency and government-wide 
priority items for legacy information and technology systems 
modernization and to assess how well the TMF does in funding 
these projects.

              II. Background and Need for the Legislation

    The Technology Modernization Fund (TMF) was established to 
improve information technology and enhance cybersecurity across 
the federal government.\2\ Agencies may propose to use the fund 
for information technology projects that meet certain criteria 
set by the Office of Management and Budget (OMB). The 
Technology Modernization Board, the governing board for the 
TMF, reviews agency proposals and makes recommendations to the 
General Services Administration (GSA) on which projects to 
award funds. GSA then awards funds and transfers amounts for 
funded projects to the relevant agencies, which are required to 
reimburse the fund based on the written agreement made between 
the agency and GSA in consultation with OMB.\3\
---------------------------------------------------------------------------
    \2\National Defense Authorization Act for Fiscal Year 2018, Pub. L. 
No. 115-91, (Section 1078).
    \3\Id.
---------------------------------------------------------------------------
    The TMF is a revolving fund, whereby federal agencies with 
funded projects reimburse the fund at a level that would allow 
the fund to remain operational and continue to fund projects 
over time, until the fund sunsets. The TMF's funding model 
offers agencies repayment flexibility outside of the 
traditional budget cycle to tackle urgent IT projects. This 
unique funding vehicle has enabled agencies to respond in real-
time to critical needs, show customers that they can deliver 
modern products and services and, through oversight by the TMF 
Board, remain accountable and transparent to taxpayers.\4\
---------------------------------------------------------------------------
    \4\Celebrating 5 Years of the Technology Modernization Fund, The 
White House (Mar. 14, 2023), (www.whitehouse.gov/omb/briefing-room/
2023/03/14/celebrating-5-years-of-the-technology-modernization-fund/).
---------------------------------------------------------------------------
    The bill would extend until December 31, 2031 the award or 
transfer of funds from the Fund for any project that is not 
already in progress as of such date. The bill also establishes 
oversight mechanisms that will allow Congress to assess 
progress on government-wide priority items for legacy IT 
modernization, and that will ensure increased transparency and 
effectiveness.

                        III. Legislative History

    Representative Nancy Mace (R-SC-1) introduced H.R. 5527, 
the Modernizing Government Technology Reform Act, on September 
18, 2023, with original cosponsor Representative Gerald 
Connolly (D-VA-11). The House of Representatives considered 
H.R. 5527 on May 21, 2024, under suspension of the rules, and 
passed the bill, as amended, by voice vote.
    The bill was referred to the Senate Committee on Homeland 
Security and Governmental Affairs. The committee considered 
H.R. 5527 at a business meeting on July 31, 2024. The bill was 
ordered reported favorably by roll call vote of 10 yeas to 1 
Nay, with Senators Peters, Carper, Hassan, Sinema, Rosen, 
Ossoff, Blumenthal, Butler, Lankford, and Scott voting in the 
affirmative, and Senator Paul voting in the negative. Senators 
Romney, Hawley, and Marshall voted yea by proxy, for the record 
only. Senator Johnson voted nay by proxy, for the record only.

        IV. Section-by-Section Analysis of the Bill, as Reported


Section 1. Short title

    This section establishes the short title of the bill as the 
``Modernization Government Technology Reform Act.''

Section 2. Realigning use of funds with original congressional 
        intent

    This section revises Section 1078 of the National Defense 
Authorization Act for Fiscal Year 2018 (P.L. 115-91) (40 U.S.C. 
11301 note, ``Establishment of Technology Modernization Fund 
and Board'') as follows--
    Paragraph (1) modifies the Technology Modernization Fund's 
(TMF) authorized use of funds to retain authorization for the 
TMF to transfer funds to the head of an agency to modernize, 
retire, or replace legacy IT, enhance cybersecurity, improve 
long-term efficiency and effectiveness of agency technology, 
and improve agency mission delivery. The paragraph also adds a 
new requirement for the TMF to transfer funds only to projects 
that have not been denied or restricted by Congress and that 
will reimburse the Fund to the extent necessary to keep the 
Fund operational until it sunsets. The paragraph adds a new 
requirement for the Administrator of the General Services 
Administration (GSA) to terminate or suspend funding, upon 
recommendation from the Technology Modernization Board (TMB), 
for any project that includes fraudulent or misleading 
information in its project proposal. The paragraph ensures 
agencies are able and required to reimburse the TMF and 
modifies the terms of repayment to require that it be set at a 
level needed to keep the Fund operational until it sunsets, and 
to require agencies to provide documents on project status and 
use of commercial products and services before receiving funds. 
The paragraph establishes a requirement that the fund publish 
written agreements related to funded projects and requires 
agencies to document market research on commercial products and 
services for each project. Finally, the bill updates 
requirements related to the Government Accountability Office's 
biannual review.
    Paragraph (2) adds new requirements to the Technology 
Modernization Board's (TMB) project evaluation criteria, 
requires the TMB to recommend the suspension or termination of 
funds if the project proposal is found to have included 
fraudulent or misleading statements, and requires the TMB to 
monitor the operating costs of the TMF to ensure total amounts 
are no less than those needed to keep the fund operational 
until it sunsets.
    Paragraph (3) requires that a senior official from the 
Cybersecurity and Infrastructure Security Agency be made a 
permanent member of the TMB.
    Paragraph (4) requires GSA to ensure that total amounts in 
the TMF are no less than needed to keep the fund operational 
until it sunsets.
    Paragraph (5) redesignates subsections to accommodate 
changes made by the bill.
    Paragraph (6) adds responsibilities of the Federal Chief 
Information Officer and agency Chief Information Officers 
related to the TMF. The paragraph provides definitions for 
thesepositions, requires agency Chief Information Officers to 
submit annually a list of high-risk legacy information technology 
systems used, operated or maintained by the agency, and requires the 
Federal Chief Information Officer to, within 90 days of receiving the 
agency lists, compile agency inventories and prioritize 10 legacy 
systems that present the greatest security, privacy and operational 
risks to the federal government and transmit this list to Congress. The 
paragraph also requires the Director of the Office of Management and 
Budget to issue guidance on implementing the requirements of this 
paragraph.
    Paragraph (7) extends through December 31, 2031 the award 
or transfer of funds from the Fund for any project that is not 
already in progress as of such date.

                   V. Evaluation of Regulatory Impact

    Pursuant to the requirements of paragraph 11(b) of rule 
XXVI of the Standing Rules of the Senate, the Committee has 
considered the regulatory impact of this bill and determined 
that the bill will have no regulatory impact within the meaning 
of the rules. The Committee agrees with the Congressional 
Budget Office's (CBO) statement that the bill contains no 
intergovernmental or private-sector mandates as defined in the 
Unfunded Mandates Reform Act (UMRA) and would impose no costs 
on state, local, or tribal governments.

             VI. Congressional Budget Office Cost Estimate

    The Congressional Budget Act of 1974 requires the 
Congressional Budget Office, to the extent practicable, to 
prepare estimates of the budgetary effects of legislation 
ordered reported by Congressional authorizing committees. In 
order to provide the Congress with as much information as 
possible, the attached table summarizes information about the 
estimated direct spending and revenue effects of some of the 
legislation that has been ordered reported by the Senate 
Committee on Homeland Security and Governmental Affairs during 
the 118th Congress. The legislation listed in this table 
generally would have small effects, if any, on direct spending 
or revenues, CBO estimates. Where possible, the table also 
provides information about the legislation's estimated effects 
on spending subject to appropriation and on intergovernmental 
and private-sector mandates as defined in the Unfunded Mandates 
Reform Act.

                                                                      ESTIMATED BUDGETARY EFFECTS AND MANDATES INFORMATION
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                         Spending
                                                                      Last       Budget       Direct      Revenues,     subject to      Pay-as-you-go    Budgetary
         Bill number                 Title            Status         action     function     spending,    2025-2034   appropriation,      procedures      effects    Mandates        Contact
                                                                                             2025-2034                   2025-2029          apply?      after 2034
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
H.R. 5527....................  Modernizing       Ordered reported   07/31/24         800             0           0   Not Estimated...              No          No          No   Matthew
                                Government                                                                                                                                       Pickford.
                                Technology
                                Reform Act.
                               H.R. 5527 would amend the National Defense Authorization Act for Fiscal Year 2018 to update uses of the Technology Modernization Fund (TMF), a working capital
                                fund designed to pay for retiring and replacing older information technology (IT) systems. H.R. 5527 also would create new reporting requirements for federal
                                agencies regarding IT systems. In 2024, $50 million was appropriated for the TMF. CBO estimates that enacting H.R. 5527 would not affect direct spending or
                                revenues. CBO has not estimated the legislation's effects on spending subject to appropriation. The legislation contains no intergovernmental or private-sector
                                mandates as defined in the Unfunded Mandates Reform Act.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

       VII. Changes in Existing Law Made by the Bill, as Reported

    In compliance with paragraph 12 of rule XXVI of the 
Standing Rules of the Senate, changes in existing law made by 
the bill, as reported, are shown as follows (existing law 
proposed to be omitted is enclosed in brackets, new matter is 
printed in italic, and existing law in which no change is 
proposed is shown in roman):

                    NATIONAL DEFENSE AUTHORIZATION
                       ACT FOR FISCAL YEAR 2018

           *       *       *       *       *       *       *

                       DIVISION A--DEPARTMENT OF
                        DEFENSE AUTHORIZATIONS

           *       *       *       *       *       *       *

                      TITLE X--GENERAL PROVISIONS

           *       *       *       *       *       *       *

                  Subtitle G--Modernizing Government
                              Technology

           *       *       *       *       *       *       *

SEC. 1078. ESTABLISHMENT OF TECHNOLOGY MODERNIZATION FUND
             AND BOARD.

    (a) * * *
    (b) Technology Modernization Fund.--
          (1) * * *
          (2) * * *
          [(3) Use of funds.--The Administrator shall, in 
        accordance with recommendations from the Board, use 
        amounts in the Fund--
                  [(A) to transfer such amounts, to remain 
                available until expended, to the head of an 
                agency for the acquisition of products and 
                services, or the development of such products 
                and services when more efficient and cost 
                effective, to improve, retire, or replace 
                existing Federal information technology systems 
                to enhance cybersecurity and privacy and 
                improve long-term efficiency and effectiveness;
                  [(B) to transfer such amounts, to remain 
                available until expended, to the head of an 
                agency for the operation and procurement of 
                information technology products and services, 
                or the development of such products and 
                services when more efficient and cost 
                effective, and acquisition vehicles for use by 
                agencies to improve Governmentwide efficiency 
                and cybersecurity in accordance with the 
                requirements of the agencies;
                  [(C) to provide services or work performed in 
                support of--
                          [(i) the activities described in 
                        subparagraph (A) or (B); and
                          [(ii) the Board and the Director in 
                        carrying out the responsibilities 
                        described in subsection (c)(2); and
                  [(D) to fund only programs, projects, or 
                activities or to fund increases for any 
                programs, projects, or activities that have not 
                been denied or restricted by Congress.]
          (3) Use of funds.--
                  (A) In general.--The Administrator shall, in 
                accordance with recommendations from the Board, 
                use amounts in the Fund for the following:
                          (i) To transfer such amounts, to 
                        remain available until expended, to the 
                        head of an agency for the acquisition, 
                        procurement, and operation of 
                        information technology, or the 
                        development of information technology 
                        when more efficient and cost effective, 
                        to--
                                  (I) modernize, retire, or 
                                replace legacy information 
                                technology systems used by the 
                                agency;
                                  (II) enhance cybersecurity 
                                and privacy at the agency;
                                  (III) improve long-term 
                                efficiency and effectiveness of 
                                agency information technology; 
                                or 
                                  (IV) improve the ability of 
                                the agency to perform the 
                                mission of the agency and 
                                deliver services to the public. 

                          (ii) To provide services or work 
                        performed in support of--
                                  (I) the activities described 
                                in clause (i); and 
                                  (II) the Board and the 
                                Director in carrying out the 
                                responsibilities described in 
                                subsection (c)(2). 
                          (iii) To fund only programs, 
                        projects, or activities, or to fund 
                        increases for any programs, projects, 
                        or activities that have not been denied 
                        or restricted by Congress. 
                          (iv) To transfer such amounts only 
                        for programs, projects, or activities 
                        that will be reimbursed to the Fund to 
                        the extent necessary to ensure total 
                        amounts in the Fund are no less than 
                        the amounts needed to keep the Fund 
                        operational until the Fund sunsets 
                        pursuant to subsection (g)(1). 
                  (B) Termination or suspension of funds.--The 
                Administrator shall, in accordance with 
                recommendations from the Board, suspend or 
                terminate funding for any project with respect 
                to which the head of an agency provided 
                fraudulent or misleading statements about such 
                project (including fraudulent statements about 
                technical design, the business case, or program 
                management with respect to the project) in the 
                application or proposal for amounts from the 
                Fund for such project. 
          (4) * * *
          (5) Reimbursement.--
                  (A) Reimbursement by agency.--
                          (i) In general.--The head of an 
                        agency shall reimburse the Fund for any 
                        transfer made under subparagraph (A) 
                        [or (B)] of paragraph (3), including 
                        any services or work performed in 
                        support of the transfer under paragraph 
                        [(3)(C)] (3)(A)(ii), in accordance with 
                        the terms established in a written 
                        agreement described in paragraph (6).
                          (ii) Reimbursement from subsequent 
                        appropriations.--Notwithstanding any 
                        other provision of law, an agency may 
                        make a reimbursement required under 
                        clause (i) from any appropriation made 
                        available after the date of enactment 
                        of this Act for information technology 
                        activities[, consistent with any 
                        applicable reprogramming law or 
                        guidelines of the Committees on 
                        Appropriations of the Senate and the 
                        House of Representatives].
                          (iii) * * *
                  (B) Prices fixed by administrator.--
                          (i) In general.--The Administrator, 
                        in consultation with the Director, 
                        shall establish amounts to be paid by 
                        an agency under this paragraph and the 
                        terms of repayment for activities 
                        funded under paragraph (3), including 
                        any services or work performed in 
                        support of that development under 
                        [paragraph (3)(C)] paragraph 
                        (3)(A)(ii), at levels sufficient to 
                        ensure [the solvency of the Fund, 
                        including operating expenses] total 
                        amounts in the Fund are no less than 
                        the amounts needed to keep the Fund 
                        operational until the Fund sunsets 
                        pursuant to subsection (g)(1).
                          (ii) * * *
                  (C) * * *
          (6) Written agreement.--
                  (A) In general.--Before the transfer of funds 
                to an agency under [subparagraphs (A) and (B) 
                of paragraph (3)] paragraph (3)(A)(i) and 
                before any services or work are provided under 
                paragraph (3)(A)(ii)(I), the Administrator, in 
                consultation with the Director, and the head of 
                the agency shall enter into a written 
                agreement--
                          (i) documenting the purpose for which 
                        the funds will be used and the terms of 
                        repayment, which may not exceed 5 years 
                        [unless approved by the Director][; 
                        and]:
                          (ii) which shall include terms of 
                        repayment that require the head of the 
                        agency to reimburse the Fund for funds 
                        transferred under paragraph (3)(A)(i) 
                        at a level that ensures total amounts 
                        in the Fund are no less than the 
                        amounts needed to keep the Fund 
                        operational until the Fund sunsets 
                        pursuant to subsection (g)(1). 
                          (iii) which shall include terms of 
                        repayment that require the head of the 
                        agency to fully reimburse the Fund for 
                        any services or work provided under 
                        paragraph (3)(A)(ii) in direct support 
                        of the project; and
                          [(ii)] (iv) which shall be recorded 
                        as an obligation as provided in 
                        paragraph (5)(A).
                  (B) Requirement for use of incremental 
                funding, commercial products and services, and 
                rapid, iterative development practices.--The 
                Administrator shall ensure--
                          [(i) for any funds transferred to an 
                        agency under paragraph (3)(A), in the 
                        absence of compelling circumstances 
                        documented by the Administrator at the 
                        time of transfer, that such funds shall 
                        be transferred only on an incremental 
                        basis, tied to metric-based development 
                        milestones achieved by the agency 
                        through the use of rapid, iterative, 
                        development processes; and]
                          (i) for any funds transferred to an 
                        agency under paragraph (3)(A)(i), in 
                        the absence of compelling circumstances 
                        documented by the Administrator at the 
                        time of transfer, that such funds shall 
                        be transferred only--
                                  (I) on an incremental basis, 
                                tied to metric-based 
                                development milestones achieved 
                                by the agency through the use 
                                of rapid, iterative, 
                                development processes; and 
                                  (II) after the head of the 
                                agency has provided the 
                                Director any information the 
                                Director is required to report 
                                pursuant to paragraph 
                                (7)(A)(i); and 
                          (ii) that the use of commercial 
                        products and services are incorporated 
                        to the greatest extent practicable in 
                        activities funded under [subparagraphs 
                        (A) and (B) ofparagraph (3)] paragraph 
(3)(A)(i), and that the written agreement required under [paragraph 
(6)] this paragraph documents this preference.
          (7) Reporting requirements.--
                  (A) List of projects.--
                          (i) In general.--Not later than 6 
                        months after the date of enactment of 
                        this Act, the Director shall maintain a 
                        list of each project funded by the 
                        Fund, to be updated not less than 
                        quarterly, that includes a description 
                        of the project, the written agreement 
                        entered into under paragraph (6), 
                        project status (including any schedule 
                        delay and cost overruns), financial 
                        expenditure data related to the 
                        project, and the extent to which the 
                        project is using commercial products 
                        and services, including if applicable, 
                        a justification of why commercial 
                        products and services were not used 
                        (including documented market research 
                        into commercial products and services) 
                        and the associated development and 
                        integration costs of custom 
                        development.
                          (ii) * * *
                  (B) Comptroller general reports.--Not later 
                than 2 years after the date of enactment of 
                this Act, and every 2 years thereafter, the 
                Comptroller General of the United States shall 
                submit to Congress and make publicly available 
                a report assessing--
                          (i) the costs associated with 
                        [establishing] the Fund and maintaining 
                        the oversight structure associated with 
                        the Fund compared with [the cost 
                        savings associated with the projects 
                        funded both annually and over the life 
                        of the acquired products and services 
                        by the Fund;] the amount repaid to the 
                        Fund in accordance with the terms 
                        established in the written agreements 
                        described in paragraph (6);
                          (ii) the [reliability of the cost 
                        savings] total cost savings estimated 
                        by agencies associated with projects 
                        funded by the Fund[;] ; and
                          (iii) whether agencies receiving 
                        transfers of funds from the Fund used 
                        full and open competition to acquire 
                        the custom development of information 
                        technology products or services[; and].
                          [(iv) the number of IT procurement, 
                        development, and modernization 
                        programs, offices, and entities in the 
                        Federal Government, including 18F and 
                        the United States Digital Services, the 
                        roles, responsibilities, and goals of 
                        those programs and entities, and the 
                        extent to which they duplicate work.]
    (c) Technology modernization board.--
          (1) * * *
          (2) * * *
                  (A) * * *
                          (i) the ability for the head of the 
                        agency to ensure repayment of funds 
                        transferred from the Fund to the head 
                        of the agency, in accordance with 
                        subsection (b);
                          [(i)] (ii) * * *
                          [(ii)] (iii) having [the greatest 
                        Governmentwide impact; and] the 
                        greatest impact on modernizing, 
                        retiring, or replacing Federal legacy 
                        information technology systems; and
                          [(iii)] (iv) * * *
                  (B) * * *
                  (C) * * *
                  (D) to identify, with the assistance of the 
                Administrator, opportunities [to improve or 
                replace multiple information technology 
                systems] to modernize, retire, or replace 
                legacy information technology systems under 
                subsection (b)(3)(A)(i) with a smaller number 
                of information technology services common to 
                multiple agencies;
                  (E) * * *
                  (F) to monitor, in consultation with the 
                Administrator, progress and performance in 
                executing approved projects and, if necessary, 
                recommend the suspension or termination of 
                funding for projects based on factors including 
                the failure to meet the terms of a written 
                agreement described in subsection (b)(6) or the 
                identification of fraudulent or misleading 
                statements about the project (including 
                fraudulent statements about technical design, 
                the business case, or program management with 
                respect to the project) in the application or 
                proposal for amounts from the Fund for the 
                project; and
                  (G) to monitor the operating costs of the 
                Fund to ensure total amounts in the Fund are no 
                less than the amounts needed to keep the Fund 
                operational until the Fund sunsets pursuant to 
                subsection (g)(1).
          (3) * * *
          (4) * * *
          (5) * * *
                  (A) * * *
                  (B) a senior official from the General 
                Services Administration having technical 
                expertise in information technology 
                development, appointed by the Administrator, 
                with the approval of the Director[.]; and
                  (C) a senior official from the Cybersecurity 
                and Infrastructure Security Agency of the 
                Department of Homeland Security, appointed by 
                the Director of the Cybersecurity and 
                Infrastructure Security Agency, with the 
                approval of the Director of the Office of 
                Management and Budget. 
          (6) Additional members of the board.--
                  (A) Appointment.--The other members of the 
                Board [shall be--] shall be 4 employees of the 
                Federal Government primarily having technical 
                expertise in information technology 
                development, financial management, 
                cybersecurity and privacy, and acquisition, 
                appointed by the Director. 
                          (i) 1 employee of the National 
                        Protection and Programs Directorate of 
                        the Department of Homeland Security, 
                        appointed by the Secretary of Homeland 
                        Security; and
                          (ii) 4 employees of the Federal 
                        Government primarily having technical 
                        expertise in information technology 
                        development, financial management, 
                        cybersecurity and privacy, and 
                        acquisition, appointed by the Director.
          (7) * * *
          (8) * * *
    (d) Responsibilities of Administrator.--
          (1) * * *
          (2) Responsibilities.--The responsibilities of the 
        Administrator are--
                  (A) to provide direct technical support in 
                the form of personnel services or otherwise to 
                agencies transferred amounts under [subsection 
                (b)(3)(A) and for products, services, and 
                acquisition vehicles funded under subsection 
                (b)(3)(B)] subsection(b)(3);
                  (B) * * *
                  (C) to perform regular project oversight and 
                monitoring of approved agency modernization 
                projects, in consultation with the Board and 
                the Director, to increase the likelihood of 
                successful implementation and reduce waste and 
                ensure total amounts in the Fund are no less 
                than the amounts needed to keep the Fund 
                operational until the Fund sunsets pursuant to 
                subsection (g)(1); and
                  (D) * * *
    (e) Responsibilities of the Federal Chief Information 
Officer; Agency Chief Information Officers.--
          (1) Agency inventory.--An agency Chief Information 
        Officer, in coordination with stakeholders and other 
        agency officials, shall provide to the Federal Chief 
        Information Officer--
                  (A) on or before the first September 30 that 
                occurs after the date of the enactment of the 
                Modernizing Government Technology Reform Act of 
                2023, a list of high-risk legacy information 
                technology systems used, operated, or 
                maintained by the agency, in accordance with 
                the guidance issued under paragraph (4); and
                  (B) on or before September 30 of each year 
                after the first year in which the list is 
                provided under subparagraph (A), any updates to 
                such list.
          (2) Legacy federal it inventory.--The Federal Chief 
        Information Officer shall--
                  (A) on or before the first December 30 that 
                occurs after the date of enactment of the 
                Modernizing Government Technology Reform Act of 
                2023, compile a Legacy Federal IT Inventory on 
                the basis of the each list provided by an 
                agency Chief Information Officers under 
                paragraph (1)(A) that includes information 
                about each high-risk legacy information 
                technology system used, operated, or maintained 
                by an agency; and
                  (B) on or before December 30 each year after 
                the year in which the Legacy Federal IT 
                Inventory is compiled, update such Inventory on 
                the basis of each update to the list provided 
                by an agency Chief Information Officer under 
                paragraph (1)(B).
          (3) Prioritization list.--
                  (A) Requirement.--The Federal Chief 
                Information Officer shall--
                          (i) not later than 90 days after the 
                        date on which the Federal Chief 
                        Information Officer receives the list 
                        required by paragraph (1)(A) from each 
                        agency Chief Information Officer, 
                        compile, on the basis of each such 
                        list, a list of 10 legacy information 
                        technology systems that present the 
                        greatest security, privacy, and 
                        operational risks to the Federal 
                        Government; and
                          (ii) not later than 90 days after the 
                        date on which the Federal Chief 
                        Information Officer receives updates 
                        under paragraph (1)(B) from each agency 
                        Chief Information Officer, update the 
                        list required by subparagraph (A) on 
                        the basis of each updates to the list 
                        provided by agency Chief information 
                        Officers under paragraph (1)(B).
                  (B) Report to congress.--Not later than 14 
                days after the date on which the Federal Chief 
                Information Officer compiles the list required 
                by subparagraph (A), or updates such list, the 
                Director shall submit to the Committee on 
                Oversight and Accountability of the House of 
                Representatives, the Committee on Homeland 
                Security and Governmental Affairs of the 
                Senate, and the Comptroller General of the 
                United States, a report (which may include a 
                classified annex) containing--
                          (i) such list (including any updates 
                        made to such list under subparagraph 
                        (A)(ii)); and
                          (ii) each list provided by an agency 
                        Chief Information Officer under 
                        paragraph (1)(A) (including any update 
                        made to any such list under paragraph 
                        (1)(B)).
          (4) Guidance.--
                  (A) In general.--Not later than 180 days 
                after enactment of this Act, the Director shall 
                issue guidance on implementing the requirements 
                of this subsection that shall, at a minimum--
                          (i) prescribe an appropriate format 
                        for the list to be provided under 
                        paragraph (1)(A);
                          (ii) prescribe the information to be 
                        included in the Legacy Federal IT 
                        Inventory required by paragraph (2);
                          (iii) provide guidance on how the 
                        agency Chief Information Officer should 
                        identify high-risk legacy information 
                        technology systems that, at least, 
                        requires agency Chief Information 
                        Officers, in coordination with other 
                        agency stakeholders, to identify as a 
                        high risk legacy information technology 
                        system any outdated or obsolete system 
                        of information technology that is 
                        critical to the agency such that the 
                        loss or degradation of the system would 
                        create a security, operational, or 
                        privacy risk to the agency or would 
                        otherwise impact the ability of the 
                        agency to perform the mission of the 
                        agency, effectively deliver programs, 
                        or conduct business; and
                          (iv) provide guidance on how existing 
                        reporting structures can be used to 
                        submit the Legacy Federal IT inventory 
                        required by paragraph (2).
                  (B) Updates.--The Director may update the 
                guidance issued under subparagraph (A) as the 
                Director determines necessary.
          (5) Definitions.--In this subsection:
                  (A) Agency chief information officer.--The 
                term ``agency Chief Information Officer'' means 
                a Chief Information Officer designated under 
                section 3506(a)(2) of title 44, United States 
                Code.
                  (B) Federal chief information officer.--The 
                term ``Federal Chief Information Officer'' 
                means the Administrator of the Office of 
                Electronic Government.
    [(e)] (f) * * *
    [(f)] (g) Sunset.--
          (1) In general.--[On and after the date that is 2 
        years after the date on which the Comptroller General 
        of the United States issues the third report required 
        under subsection (b)(7)(B),] After December 31, 2031, 
        the Administrator may not award or transfer funds from 
        the Fund for any project that is not already in 
        progress as of such date.
          (2) * * *
          (3) * * *

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