diff --git a/terraform/modules/DownloadFFISSpreadsheet/main.tf b/terraform/modules/DownloadFFISSpreadsheet/main.tf
index dad86cce..63841847 100644
--- a/terraform/modules/DownloadFFISSpreadsheet/main.tf
+++ b/terraform/modules/DownloadFFISSpreadsheet/main.tf
@@ -29,7 +29,7 @@ data "aws_sqs_queue" "ffis_downloads" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/DownloadGrantsGovDB/main.tf b/terraform/modules/DownloadGrantsGovDB/main.tf
index eb8a766c..dbd88242 100644
--- a/terraform/modules/DownloadGrantsGovDB/main.tf
+++ b/terraform/modules/DownloadGrantsGovDB/main.tf
@@ -36,7 +36,7 @@ data "aws_s3_bucket" "grants_source_data" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/EnqueueFFISDownload/main.tf b/terraform/modules/EnqueueFFISDownload/main.tf
index 63a59594..7660150e 100644
--- a/terraform/modules/EnqueueFFISDownload/main.tf
+++ b/terraform/modules/EnqueueFFISDownload/main.tf
@@ -29,7 +29,7 @@ data "aws_sqs_queue" "ffis_downloads" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/ExtractGrantsGovDBToXML/main.tf b/terraform/modules/ExtractGrantsGovDBToXML/main.tf
index 93da204e..030d5724 100644
--- a/terraform/modules/ExtractGrantsGovDBToXML/main.tf
+++ b/terraform/modules/ExtractGrantsGovDBToXML/main.tf
@@ -26,7 +26,7 @@ data "aws_s3_bucket" "source_data" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/PersistFFISData/main.tf b/terraform/modules/PersistFFISData/main.tf
index 5a681644..6c58ee5b 100644
--- a/terraform/modules/PersistFFISData/main.tf
+++ b/terraform/modules/PersistFFISData/main.tf
@@ -25,7 +25,7 @@ data "aws_s3_bucket" "prepared_data" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/PersistGrantsGovXMLDB/main.tf b/terraform/modules/PersistGrantsGovXMLDB/main.tf
index 97f63bab..15f0434d 100644
--- a/terraform/modules/PersistGrantsGovXMLDB/main.tf
+++ b/terraform/modules/PersistGrantsGovXMLDB/main.tf
@@ -25,7 +25,7 @@ data "aws_s3_bucket" "prepared_data" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/ReceiveFFISEmail/main.tf b/terraform/modules/ReceiveFFISEmail/main.tf
index c95a2288..392c714c 100644
--- a/terraform/modules/ReceiveFFISEmail/main.tf
+++ b/terraform/modules/ReceiveFFISEmail/main.tf
@@ -33,7 +33,7 @@ data "aws_s3_bucket" "grants_source_data" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/SplitFFISSpreadsheet/main.tf b/terraform/modules/SplitFFISSpreadsheet/main.tf
index 1d10cdd9..9b88cceb 100644
--- a/terraform/modules/SplitFFISSpreadsheet/main.tf
+++ b/terraform/modules/SplitFFISSpreadsheet/main.tf
@@ -29,7 +29,7 @@ data "aws_s3_bucket" "prepared_data" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {
diff --git a/terraform/modules/SplitGrantsGovXMLDB/main.tf b/terraform/modules/SplitGrantsGovXMLDB/main.tf
index a05825ce..6d18e6fc 100644
--- a/terraform/modules/SplitGrantsGovXMLDB/main.tf
+++ b/terraform/modules/SplitGrantsGovXMLDB/main.tf
@@ -29,7 +29,7 @@ data "aws_s3_bucket" "prepared_data" {
 
 module "lambda_execution_policy" {
   source  = "cloudposse/iam-policy/aws"
-  version = "1.0.1"
+  version = "2.0.1"
 
   iam_source_policy_documents = var.additional_lambda_execution_policy_documents
   iam_policy_statements = {