Strengthening Agency Management and Oversight of Software Assets Act

[AI summary unavailable — showing source text] Strengthening Agency Management and Oversight of Software Assets Act This bill requires federal agencies to assess their software inventory and develop software management plans. The bill requires each agency (which includes any executive department, military department, or other establishment in the executive branch) to complete a comprehensive assessment of the software paid for by, in use at, or deployed throughout the agency. The assessment must include information such as (1) the current inventory of software; (2) contracts and other arrangements used to acquire, build, deploy, or use the software; (3) costs and fees not included in the initial contract or agreement; and (4) the interoperability of the software and restrictions on its use. Each agency must use their assessment to develop a plan to consolidate software entitlements, develop procedures for cost-effective acquisition strategies, and restrict subordinate entities from using any software entitlement without approval. (A software entitlement is software that has been purchased, leased, or licensed by or billed to an agency and that is subject to use limitations.) Such plans must be submitted to the Of…