This legislation requires the Secretary of Veterans Affairs to establish and implement a comprehensive, department-wide policy for managing all software assets. This policy aims to improve efficiency and accountability within the VA's technology infrastructure by standardizing how software is acquired, tracked, and utilized. The mandated policy must include several key elements to ensure effective management. These include maintaining a comprehensive inventory of all software assets, assessing interoperability and license restrictions, and actively identifying and eliminating waste, fraud, and abuse through regular comparisons of inventory against purchase and billing records. Furthermore, the bill requires the Chief Information Officer to coordinate on significant software acquisitions and promotes the adoption of cost-effective licensing strategies , such as enterprise-wide agreements. It also emphasizes measuring and enforcing compliance with license terms to prevent misuse and optimize expenditures. To support these efforts, the policy mandates annual training for employees involved in software asset management, covering topics like contract negotiation and evaluating different licensing models. The Chief Information Officer must review and update the policy every three years, and the Secretary is required to report annually to Congress on policy updates and realized cost savings. Importantly, the bill specifies that its implementation must utilize existing personnel, systems, and funds , without authorizing new appropriations or establishing new organizational entities. The requirements and authorities of this section are set to terminate five years after enactment, with the Comptroller General also tasked to evaluate the VA's implementation and cost savings within three years.