March 22, 2018

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TechNet Welcomes Omnibus Funding To Modernize Federal Government IT Systems

Washington, D.C. — TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, today welcomed the inclusion of $100 million in the FY 2018 omnibus appropriations bill for the Technology Modernization Fund, which was established in the Modernizing Government Technology (MGT) Act.

A top legislative priority for TechNet, the MGT Act authorizes funding to improve, retire, or replace federal government technology systems, accelerate the transition to cloud computing platforms, and procure IT products and services to strengthen the federal government’s cybersecurity defenses and better serve citizens.  Representative Will Hurd (R-TX) authored the bill in the House, and Senators Jerry Moran (R-KS) and Tom Udall (D-NM) sponsored it in the Senate.  Last December, it was enacted into law as part of the National Defense Authorization Act.

“Funding the Modernizing Government Technology Act is a critical step in protecting our nation’s IT systems from cyberattacks and ensuring the government is using state-of-the-art technologies to better serve our people,” said TechNet President and CEO Linda Moore.  “Instead of wasting 80 percent of its annual budget on maintaining older and less secure IT systems, the U.S. should be investing in IT systems that provide stronger cybersecurity defenses and better services to our nation’s citizens.

“TechNet appreciates the work of everyone who helped pass the MGT Act and fund it,” added Moore.  “In particular, we thank Leader Kevin McCarthy, Whip Steny Hoyer, Representatives Will Hurd and Robin Kelly, Senators Jerry Moran and Tom Udall, and the Trump Administration for championing this issue and delivering on it.”

Last November, TechNet wrote to Congress in support of funding the MGT Act.  A copy of that letter is available here.  Last week, TechNet renewed this call for Congress to fund the MGT Act in the omnibus.  A copy of that letter is available here.

About TechNet
TechNet is the national, bipartisan network of technology CEOs and senior executives that promotes the growth of the innovation economy by advocating a targeted policy agenda at the federal and 50-state level.  TechNet’s diverse membership includes dynamic startups and the most iconic companies on the planet and represents three million employees and countless customers in the fields of information technology, e-commerce, the sharing and gig economies, advanced energy, cybersecurity, venture capital, and finance.  TechNet has offices in Washington, D.C., Silicon Valley, San Francisco, Sacramento, Austin, Boston, Olympia, Albany, and Tallahassee.

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