Congressional Budget Office: S. 2975, Federal Information Systems Safeguards Act of 2016 [open pdf - 98KB]
This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 25, 2016. From the Document: "The Federal Information Security Management Act (FISMA) provides a comprehensive framework to protect the security of federal information systems. S. 2975 would clarify that, under FISMA, federal agencies have the sole and exclusive authority to take appropriate and timely actions to secure their information technology and information systems. CBO estimates that while implementing S. 2975 would clarify Congressional intent, it would have no significant effect on the federal budget because it would not expand the duties of executive agencies. Because enacting the bill could affect direct spending by agencies not funded through annual appropriations, pay-as-you-go procedures apply. CBO estimates, however, that any net change in spending by those agencies would be negligible. Enacting S. 2975 would not affect revenues. CBO estimates that enacting S. 2975 would not increase direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027."
Congressional Budget Office: http://www.cbo.gov/