Easy access to all the Government news updates

Subscribe and receive personalized news articles straight in your inbox

*By clicking "Join us now" you agree to receive emails, promotions and general messages from ExecutiveGov. In addition, you also agree to ExecutiveGov's Privacy Policy and Terms & Conditions.


New Draft Bill Proposes $35M for 2020 Tech Modernization Fund

1 min read
Jeff Brody

The House Appropriations Committee released a draft bill that allots $35 million for the 2020 Technology Modernization Fund, exhibiting a $10 million boost from 2019's TMF allotment, Nextgov reported Monday. The proposed amount under the Financial Services and General Government draft bill, however, is below the Trump Administration's requested budget of $150 million.

Agencies use TMF funds for information technology projects approved by the Technology Modernization Board. The fund began in fiscal year 2018 with an initial allotment of $100 million. The government has used $90M of the funds for projects with multiple agencies and federal components including the departments of Energy and Agriculture.

ExecutiveGov Logo

Sign Up Now! Executive Gov provides you with Free Daily Updates and News Briefings about Technology