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SBA IT Modernization Reporting Act
To require the Administrator of the Small Business Administration to implement certain recommendations relating to information technology modernization, and for other purposes.
Summary
- Requires the Small Business Administration Administrator to implement recommendations from a November 2024 GAO report on IT modernization risks at the SBA.
- Requires the SBA to submit an implementation plan to Congress within 180 days detailing policies and procedures for IT modernization projects.
- The plan must address risk management, including risk identification, documentation, evaluation, prioritization, and mitigation strategies for all project phases.
- The plan must require use of GAO best practices guidelines for project schedules and cost estimates, and require involvement of security subject matter experts in contractor selection.
- Requires the SBA Administrator to brief Congress within 30 days of submitting the implementation plan.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Schiff, Adam B. [D-CA] (D-CA)
1 cosponsor
- Sen. Curtis, John R. [R-UT] (R-UT)
Actions (2)
- Jul 13, 2026 Read twice and referred to the Committee on Small Business and Entrepreneurship. · senate
- Jul 13, 2026 Introduced in Senate
Similar bills (6)
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Full text
IN THE SENATE OF THE UNITED STATES
July 13, 2026
Mr. Schiff (for himself and Mr. Curtis) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship
A BILL
To require the Administrator of the Small Business Administration to implement certain recommendations relating to information technology modernization, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “SBA IT Modernization Reporting Act”.
SEC. 2. DEFINITIONS.
In this Act, the terms “Administration” and “Administrator” mean the Small Business Administration and the Administrator thereof, respectively.
SEC. 3. IMPLEMENTATION OF RECOMMENDATIONS RELATING TO INFORMATION TECHNOLOGY MODERNIZATION FOR THE SMALL BUSINESS ADMINISTRATION.
(a) In General.—The Administrator, acting through the Chief Information Officer of the Administration, shall take such actions as may be necessary to implement the recommendations contained in the report of the Comptroller General of the United States titled “IT MODERNIZATION: SBA Urgently Needs to Address Risks on Newly Deployed System” (GAO-25-106963; published November 6, 2024).
(b) Implementation Plan.—Not later than 180 days after the date of enactment of this Act, the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives an implementation plan detailing the actions the Administration will undertake to establish and implement policies and procedures to govern information technology modernization projects of the Administration, which policies and procedures shall, with respect to each project—
(1) for each risk identified, explicitly state the source of such risk in the relevant risk documentation;
(2) clearly define risk parameters;
(3) establish and maintain risk management strategies;
(4) identify and document risks for all phases of the life cycle;
(5) evaluate, categorize, and prioritize risks based on defined risk parameters and develop project risk management plans;
(6) connect measures to mitigate risk to risk mitigation plans;
(7) require that any information technology acquisition plan and any strategic plan contains information needed to manage cyber risks;
(8) require that a traceability analysis is performed and documented;
(9) require that security-related subject matter experts are involved in selection process for contractors for a project;
(10) develop master schedules using the guidelines contained in the publication of the Comptroller General of the United States titled “GAO Schedule Assessment Guide: Best Practices for Project Schedules” (GAO-16-89G; published December 22, 2015); and
(11) develop cost estimates using the guidelines contained in the publication of the Comptroller General of the United States titled “Cost Estimating and Assessment Guide: Best Practices for Developing and Managing Program Costs” (GAO-20- 195G; published March 12, 2020).
(c) Additional Requirements.—The implementation plan required under this section shall include the actions required to carry out the requirements listed in paragraphs (1) through (11) of subsection (b), an identification of the office of the Administration responsible for implementation, and the timelines for completion of each action.
(d) Briefing Required.—Not later than 30 days after the submission of the implementation plan required under this section, the Administrator shall provide to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a briefing on the plan. <all>
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