![]() The TMF board has so far approved 40 projects across 24 federal agencies, totaling nearly $713 million, after receiving a $1 billion plus-up through the American Rescue Plan Act. "I intend to introduce legislation soon that will do just that," she said, without providing further details. Mace said the fund, which supports cross-agency IT modernization projects, initially provided the government with "another tool for replacing legacy IT, but it's become clear that it's a tool that needs sharpening." The fund was established in 2017 by the Modernizing Government Technology Act. Nancy Mace (R-S.C.), the new chairwoman of a House subcommittee focused on technology, said she planned to draft legislation to reform the Technology Modernization Fund with guidance from the recommendations provided by experts at a Wednesday hearing.
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