H.R. 2985

Modernizing Government Technology Reform Act This bill reauthorizes through 2032 and revises the Technology Modernization Fund (TMF). (The TMF is a revolving fund administered by the General Services Administration to improve information technology and enhance cybersecurity across the federal government.) Changes to the TMF include • requiring the Office of the Federal Chief Information Officer to annually submit to Congress (1) a list of the 10 legacy information technology (IT) systems that present the greatest security, privacy, and operational risks to the federal government; and (2) each federal agency's list of high-risk legacy IT systems; • authorizing TMF funding for IT projects that improve the ability of the agency to perform its mission and deliver services to the public; • additional requirements for agencies that receive funds to reimburse the TMF (for example, funds used for services or work in direct support of a project must be fully reimbursed); and • revising the criteria by which agency proposals for TMF funding are evaluated to include the (1) impact of modernizing, retiring, or replacing legacy IT systems; and (2) ability of an agency to repay funds provided.