The Congressional Budget Office has said a proposed House bill that would provide federal agencies sole authority to launch efforts to protect information technology systems and data from potential network threats would not affect the federal budget and revenues.
CBO said in a report published Thursday the implementation of the Federal Information Systems Safeguards Act of 2016 would also not result in the expansion of executive agencies’ duties.
The agency noted that the proposed bill lacks private-sector or intergovernmental mandates based on the Unfunded Mandates Reform Act and would not have an impact on the local, state and tribal government budgets.
The proposed legislation could lead to the application of pay-as-you-go procedures since its implementation would affect direct spending of agencies that are not covered by annual appropriations.
CBO added that the enactment of the bill would not result in on-budget deficit growth “in any of the four consecutive 10-year periods beginning in 2027.”
The agency made the cost estimate based on the request of House Committee on Oversight and Government Reform on March 1.