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1 H.R. 1649, Small Business Development Center Cyber Training Act of 2019 1 (May 10, 2019)

handle is hein.congrec/smbdev0001 and id is 1 raw text is: 



j   Congressional Budget Office
       Cost Estimate


May 10, 2019


By Fiscal Year, Millions of Dollars 2019             2019o2024            2019-2029
Direct Spending (Outlays)             0                   0                     0


Revenues

Deficit Effect


0

0


0

0


0

0


H.R. 1649 would require the Small Business Administration (SBA) to establish a
certification program for employees of small business development centers (SBDCs) to
provide assistance to small businesses on cyber security planning. Under the bill the SBA
could spend up to $350,000 per year to reimburse SBDCs for certification costs. Such
spending would be subject to the availability of appropriations. Based on that authorization
level, CBO estimates that implementing H.R. 1649 would cost $2 million over the 2020-
2024 period to fund certification programs at 63 SBDCs.

On April 23, 2019, CBO transmitted a cost estimate for S. 771, the Small Business Cyber
Training Act of 2019 as ordered reported by the Senate Committee on Small Business and
Entrepreneurship on April 1, 2019. The two bills are similar and CBO's estimates of their
costs are the same.
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, www.cbo.gov/publication/53519; and Glossary, www cbo~gov/publication/42904.

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