Congressional Budget Office Cost Estimate: S. 1611, Developing Innovation and Growing the Internet of Things Act [open pdf - 35KB]
This is the Congressional Budget Office Cost Estimate as ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 10, 2019. From the Document: "S. 1611 would require the Department of Commerce (DOC) to convene a federal interagency working group to report to the Congress on the Internet of things (IoT). The group would be required to identify laws and regulations that inhibit or promote IoT deployment, examine current and future federal IoT use, and recommend federal IoT security measures. The working group would consult with academic stakeholders and with those in the public, private, and nonprofit sectors."
Congressional Budget Office: http://www.cbo.gov/