Congressional Budget Office Cost Estimate: H.R. 3210: SECRET Act of 2017 [July 25, 2017] [open pdf - 78KB]
"H.R. 3210 would require the National Background Investigations Bureau (NBIB), within the Office of Personnel Management (OPM), to provide three reports to the Congress. The reports would cover information about the backlog in federal investigations for security clearances, the process for conducting security clearances for the Executive Office of the President, and the costs to NBIB and the Department of Defense for such investigations. Information from OPM indicates that the information required for those reports is already compiled for other efforts. Thus, CBO [Congressional Budget Office] estimates it would cost less than $500,000 over the 2018-2022 period to prepare the reports; such spending would be subject to the availability of appropriated funds. Enacting H.R. 3210 would not affect direct spending or revenues; therefore, pay-as-you go procedures do not apply. CBO estimates that enacting H.R. 3210 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 3210 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments."
Congressional Budget Office: https://www.cbo.gov/