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1 CBO Cost Estimate, H.R. 4461, Network Security Information Sharing Act of 2019 1 (December 17, 2019)

handle is hein.congrec/cbontwsc0001 and id is 1 raw text is: j Congressional Budget Office Cost Estimate December 17, 2019 By Fiscal Year, ilions of Dollars 2020 202-2024 2020-2029 Direct Spending (Outlays) 0 0 0 Revenues Increase or Decrease (=) in the Deficit 0 0 0 0 0 0 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 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. The CBO staff contact for this estimate is Aldo Prosperi. The estimate was reviewed by Leo Lex, Deputy Assistant Director for Budget Analysis. See also CBO's Cost Estimates Explained, www,cbo.gov/publication/54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www cbo~gov/pubication/42904.

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