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1 S. 406, Federal Rotational Cyber Workforce Program Act of 2019 1 (February 28, 2019)

handle is hein.congrec/cbofrcyw0001 and id is 1 raw text is: ' Congressional Budget Office W Cost Estimate February 28, 2019 S. 406 would direct the Office of Personnel Management to create policies and procedures to allow federal cybersecurity professionals to temporarily move from one agency to another for up to one year. That authority would expire five years following enactment. CBO estimates that implementing S. 406 would cost less than $500,000 annually over the 2019-2024 period for new regulations, staff training, and administrative expenses. Any spending would be subject to the availability of appropriated funds. Enacting S. 406 could affect direct spending by some agencies (such as the Tennessee Valley Authority) because they are authorized to use receipts from the sale of goods, fees, and other collections to cover their operating costs. Because most of those agencies can adjust the amounts collected, CBO estimates that any net changes in direct spending by those agencies would be negligible. The CBO staff contact for this estimate is David Hughes. The estimate was reviewed by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis. See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437; How CBO Prepares Cost Estimates, %Nwwcbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42904.

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