We don’t have a summary available yet.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jul 7, 2016.
(This measure has not been amended since it was reported to the Senate on June 28, 2016. The summary of that version is repeated here.)
Making Electronic Government Accountable By Yielding Tangible Efficiencies Act of 2016 or the MEGABYTE Act of 2016
(Sec. 2) This bill requires the Office of Management and Budget (OMB) to issue a directive to require the Chief Information Officer (CIO) of each executive agency to develop a comprehensive software licensing policy, which shall:
identify clear roles, responsibilities, and central oversight authority within the agency for managing enterprise software license agreements and commercial software licenses; and require each CIO to establish a comprehensive inventory of software licenses, track and maintain such licenses, analyze software usage to make cost-effective decisions, provide software license management training, establish goals and objectives of the agency's software license management program, and consider the software license management life cycle phases to implement effective decision-making and incorporate existing standards, processes, and metrics. Each CIO shall report to OMB in each of the six fiscal years after this bill's enactment on the savings from improved software license management.