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The House has passed a bill to update the Technology Modernization Fund (TMF), answering calls from Congress and the Biden administration to fund the program. This revitalized legislation, originally from the Modernizing Government Technology Reform Act of 2017, aims to ensure TMF sustainability and solvency with key amendments. Significantly, the bill allows for more dynamic appropriations and imposes additional constraints on reimbursements, providing agencies with flexibility in repaying the fund. The fiscal year 2024 spending package had rescinded $100 million from the TMF, drawing calls for Congress to "please fund the TMF." Read more about this crucial update and its potential impact on federal IT modernization on FedScoop: https://lnkd.in/gPCYr5h5 Then visit our website to see how we can develop a specialized roadmap to modernize your tech and give you a competitive edge: https://lnkd.in/gMRDkBHz

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#TechnologyModernization #GovernmentIT #FederalFunding #TechReform #cBEYONData #FedScoop

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