ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 4461, Network Security Information Sharing Act of 2019   [open pdf - 30KB]

This is the Congressional Budget Office Cost Estimate as ordered reported by the House Committee on Energy and Commerce on November 20, 2019. From the Document: "H.R. 4461 would require the Department of Homeland Security (DHS) to mitigate cybersecurity threats to suppliers of telecommunications services and equipment. Under the bill, DHS would establish a program office to share information with trusted participants in the telecommunications industry about efforts by adversaries to embed malicious software into communications equipment purchased by American companies. Using information from DHS about similar programs, CBO [Congressional Budget Office] expects that implementing the provision would require, on average, 15 cybersecurity advisors in each year beginning in 2020, at an average annual rate of about $150,000 per employee. CBO also estimates that the annual operating expenses of the program office would cost $1 million. In total, CBO estimates that implementing H.R. 4461 would cost $17 million over the 2020-2024 period; such spending would be subject to the availability of appropriations."

Publisher:
Date:
2019-12-17
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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