S. 1353, Cybersecurity Act of 2013

Cost Estimate
November 5, 2013

As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 30, 2013

S. 1353 would direct several agencies within the federal government to take certain actions to facilitate public-private cooperation on cybersecurity standards, improve research and development in cybersecurity technologies, and further education and public awareness on cybersecurity matters. Several of the bill’s requirements pertain to existing or planned programs and initiatives, while others create new requirements or expand the scope of existing efforts.

CBO estimates that implementing S. 1353 would cost $56 million over the 2014-2018 period, assuming appropriation of the necessary amounts. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues.

S. 1353 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.