The Modernizing Government Technologies Reform Act of 2023, introduced by Representatives Jerry Connolly and Nancy Mays, aims to make important revisions to the law that established the federal government’s Technologies Modernization Fund. The original law, named the Government Technologies Modernization Act, was passed in 2017. The new law seeks to reauthorize the TMF via 2030 and boost its funding by $50 million. The fund is presently slated to expire in 2025. In addition, the bill involves new reporting specifications for federal CIOs and CIO agencies, such as developing an inventory of higher-danger IT systems employed across the government. These inventories will be employed to prioritize systems in need to have of modernization. Rep. Connolly expressed his appreciation for the bill, seeing it as a demonstration of assistance for the MGT and TMF Act. The Oversight and Accountability Committee is scheduled to take into account the bill on Wednesday.