[1] It became law as a part of the National Defense Authorization Act for Fiscal Year 2015 (Title VIII, Subtitle D, H.R. 3979.

[2] The bill would increase the power of existing chief information officers (CIO) within federal agencies so that they could be more effective.

It would also set forth permitted methods for agencies to consolidate data centers and achieve maximum server utilization and energy efficiency.

[1] The bill would express the sense of Congress that transition to cloud computing offers significant potential benefits for the implementation of federal IT projects.

[1] The bill would establish guidance with respect to the validity of open source software as a procurement option required to receive full consideration alongside other options (in merit-based requirements development and evaluation processes promoting choices based on performance and value) in a manner free of preconceived preferences based on how technology is developed, licensed, or distributed within the federal government.

Prohibits such guidance from modifying the federal policy of following technology-neutral principles when selecting and acquiring information technology.

[1] The bill would require federal computer standards to include guidelines necessary to enable effective adoption of open source software.

Directs the OMB Director to issue guidance for the use and collaborative development of open source software within the federal government.

Enacting the bill could affect direct spending by agencies not funded through annual appropriations; therefore, pay-as-you-go procedures apply.

[6] The Federal Information Technology Acquisition Reform Act was introduced into the United States House of Representatives on March 18, 2013 by Rep. Darrell E. Issa (R, CA-49).

"[3] Information Week reports that the bill could "save the federal government as much as $2 billion annually by changing wasteful buying practices.