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The MEGABYTE Act is short for the "Making Electronic Government Accountable By Yielding Tangible Efficiencies Act".
 
====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: (1) require the CIO of each agency to establish a comprehensive inventory of software licenses; (2) track and maintain such licenses; (3) analyze software usage to make cost-effective decisions; (4) provide software license management training; (5) establish goals and objectives of the agency's software license management program; and (6) consider the software license management life cycle phases to implement effective decision making and incorporate existing standards, processes, and metrics.

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