WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) released the following statement after securing $25 million for the GSA’s Technology Modernization Fund (TMF) in the FY2019 Financial Services and General Government Appropriations Bill:
“While this funding falls short of the authorization level for this fiscal year, I am pleased that our efforts with appropriators and relevant agencies to improve transparency around agencies’ modernization proposals have resulted in bipartisan support for the Technology Modernization Fund (TMF). Congress and federal agencies must work hand-in-hand to provide the necessary resources to the TMF, which, used responsibly, is a vital tool for the federal government’s task of keeping our nation’s critical IT infrastructure efficient and secure.”
Items to Note:
- In 2017, Sen. Moran’s Modernizing Government Technology (MGT) Act passed the Senate as part of the FY2018 National Defense Authorization Act and the bill was subsequently signed into law in December of 2017. The MGT Act creates the TMF, a separate, centralized fund administered by the General Services Administration (GSA) within the Department of the Treasury, and the fund is intended to support and incentivize federal agencies to replace their costly and vulnerable legacy IT systems.
- Sen. Moran spoke on the Senate floor regarding the importance of the TMF in July of 2018.
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