Congressional Budget Office Cost Estimate: S. 163, Telecommunications Skilled Workforce Act [open pdf - 163KB]
This is the Congressional Budget Office Cost Estimate as ordered reported by the Senate Committee on Commerce, Science, and Transportation on April 28, 2021. From the Document: "S. 163 would require the Federal Communications Commission (FCC) to establish an interagency working group to develop recommendations that address the workforce needs of the telecommunications industry and report its findings to the Congress. The bill also would direct the Department of Labor (DOL) to issue guidance on how state workforce development boards can support the telecommunications industry. Finally, the Government Accountability Office (GAO) would be required to report to the Congress on the number of telecommunications workers needed to build and maintain broadband infrastructure in rural areas. In total, CBO [Congressional Budget Office] estimates that implementing S. 163 would cost less than $500,000 over the 2021-2026 period; any spending would be subject to the availability of appropriated funds."
Congressional Budget Office: http://www.cbo.gov/