Congressional Budget Office Cost Estimate: H.R. 2617, Performance Enhancement Reform Act [January 18, 2022] [open pdf - 162KB]
This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the e Senate Committee on Homeland Security and Governmental Affairs on November 3, 2021. From the Document: "Under current law, federal agencies must publicly release plans that detail performance goals and measurements for all program activities. H.R. 2617 would require agencies to include information about the human capital, technology, and other resources necessary to achieve those goals. The act also would require collaboration among the chief performance officer and other executives within the agency as they prepare those plans. Because most of the act's requirements would codify existing guidance from the Office of Management and Budget (OMB), CBO estimates that implementing H.R. 2617 would cost less than $500,000 over the 2022-2026 period. [...] On July 23, 2021, CBO transmitted a cost estimate for H.R. 2617 [hyperlink], the Performance Enhancement Reform Act, as ordered reported by the House Committee on Oversight and Reform. The two pieces of legislation are similar and CBO's estimates of their budgetary effects is the same." The previous cost estimate can be found at [https://www.hsdl.org/?abstract&did=856667].
Congressional Budget Office: http://www.cbo.gov/