AI-assisted analysis based on the official CRS summary. Source version: Jul 16, 2026. Analysis updated: Sep 15, 2026.
01 — The Text
What.
- Reauthorizes the Technology Modernization Fund (TMF) through 2032, a federal revolving fund for IT modernization administered by the General Services Administration
- Requires the federal Chief Information Officer to submit annual reports to Congress listing the 10 highest-risk legacy IT systems government-wide and each agency's high-risk legacy systems
- Expands TMF funding eligibility to projects that improve agency mission performance and service delivery to the public
- Requires agencies receiving TMF funds to fully reimburse all costs for services or work directly supporting their projects
- Revises TMF proposal evaluation criteria to assess the impact of modernizing or retiring legacy systems and agencies' repayment capacity
02 — The Stakes
So what?
- The bill documents specific requirements for federal IT risk reporting but does not establish quantified savings, agency participation rates, or timeline effects
- Expanded TMF eligibility and revised evaluation criteria are intended to prioritize legacy system modernization, though no documented outcomes or effectiveness measures are included
- Reimbursement requirements are specified but implementation impacts on participating agencies are not documented in the summary
03 — The Path
Now what?
- Committee markup held February 4, 2026; ordered to be reported (amended) by vote of 42-0
- Referred to House Committee on Oversight and Government Reform on April 24, 2025
- Introduced in House on April 24, 2025
Legislative History
Actions.
- Feb 4, 2026 — Ordered to be Reported (Amended) by the Yeas and Nays: 42 - 0.
- Feb 4, 2026 — Committee Consideration and Mark-up Session Held
- Apr 24, 2025 — Referred to the House Committee on Oversight and Government Reform.
- Apr 24, 2025 — Introduced in House
- Apr 24, 2025 — Introduced in House