recommended reading

With Friendly CBO Score, IT Modernization Bill Hits House Floor Wednesday

Rep. Will Hurd, R-Texas

Rep. Will Hurd, R-Texas // Andrew Harnik/AP

After sailing through committee vote two weeks ago, Rep. Will Hurd’s Modernizing Government Technology Act will see a floor vote Wednesday, according to multiple sources—and this time around, it has a much friendlier Congressional Budget Office score than its failed predecessor did.

If enacted, CBO said the new tech modernization legislation would cost $500 million between 2018 and 2022, assuming appropriators fully fund the bill’s central modernization fund. Agencies could borrow from that fund to modernize their IT systems.

According to CBO, the bill would not affect direct spending revenues, nor add to the budget deficit.

» Get the best federal technology news and ideas delivered right to your inbox. Sign up here.

This is important news for Hurd’s IT modernization bill.

One of the key reasons the previous iteration of the bill died in the U.S. Senate last year was its controversial and high CBO score of $9 billion. CBO then assumed appropriators would fully fund a $3.1 billion modernization fund over a 3-year period.

To avoid the same pitfall this time, Hurd’s team worked with officials from the Government Accountability Office, the White House and CBO, reducing the size of the central fund the legislation would create while enhancing the working IT capital funds CFO Act agencies can create themselves.

Working capital funds would be sourced through reprogramming or transfers from existing funds previously used for operation and maintenance of legacy systems. In other words, agencies could stash savings from modernization investment, such as cloud computing, in capital funds rather than fork it back over to the Treasury Department.

“To me, the meat of this bill is the working capital funds,” Hurd told Nextgov upon introducing the legislation.

Meanwhile, companion legislation in the Senate is moving slowly. Sen. Jerry Moran, R-Kan., with cosponsors Sens. Tom Udall, D-N.M., Mark Warner, D-Va., and Steve Daines, R-Mont., introduced a version of the IT modernization on April 28. Its first hurdle will be the Senate Homeland Security and Governmental Affairs Committee, though a vote has not yet been scheduled.

Threatwatch Alert

Thousands of cyber attacks occur each day

See the latest threats

JOIN THE DISCUSSION

Close [ x ] More from Nextgov
 
 

Thank you for subscribing to newsletters from Nextgov.com.
We think these reports might interest you:

  • Modernizing IT for Mission Success

    Surveying Federal and Defense Leaders on Priorities and Challenges at the Tactical Edge

    Download
  • Communicating Innovation in Federal Government

    Federal Government spending on ‘obsolete technology’ continues to increase. Supporting the twin pillars of improved digital service delivery for citizens on the one hand, and the increasingly optimized and flexible working practices for federal employees on the other, are neither easy nor inexpensive tasks. This whitepaper explores how federal agencies can leverage the value of existing agency technology assets while offering IT leaders the ability to implement the kind of employee productivity, citizen service improvements and security demanded by federal oversight.

    Download
  • Effective Ransomware Response

    This whitepaper provides an overview and understanding of ransomware and how to successfully combat it.

    Download
  • Forecasting Cloud's Future

    Conversations with Federal, State, and Local Technology Leaders on Cloud-Driven Digital Transformation

    Download
  • IT Transformation Trends: Flash Storage as a Strategic IT Asset

    MIT Technology Review: Flash Storage As a Strategic IT Asset For the first time in decades, IT leaders now consider all-flash storage as a strategic IT asset. IT has become a new operating model that enables self-service with high performance, density and resiliency. It also offers the self-service agility of the public cloud combined with the security, performance, and cost-effectiveness of a private cloud. Download this MIT Technology Review paper to learn more about how all-flash storage is transforming the data center.

    Download

When you download a report, your information may be shared with the underwriters of that document.