FedScoop: “Agencies will have to share custom-developed code amongst each other in an effort to prevent duplicative software development contracts under a new bill signed into law by President Joe Biden. The bipartisan Source Code Harmonization And Reuse in Information Technology (H.R. 9566), or SHARE IT Act, takes aim at reducing the roughly $12 billion that lawmakers estimated the federal government spends each year on software purchases by requiring agencies to publicly list custom code and share that code with other agencies. Doing so, bill sponsors said, will address the inefficiency that can happen when agencies unknowingly hire contractors to develop code that has already been developed for another agency. The new law doesn’t apply to classified code, national security systems or code that would post privacy risks if shared. The legislation was sponsored by Sens. Ted Cruz, R-Texas, and Gary Peters, D-Mich., in the Senate and Reps. Nicholas Langworthy, R-N.Y., and William Timmons, R-S.C., in the House. Both chambers approved the bill with overwhelming support in December, without recorded up or down votes…”