Description:
S. 1428 would require the Small Business Administration (SBA) to develop a counseling program and provide grants to small business development centers (SBDCs) to assist small businesses with cyber security planning. Under the bill, the SBA would be authorized to spend no more than $350,000 each year to reimburse SBDCs for the cost of providing such assistance. Based on that limit and on an analysis of information from the SBA, CBO estimates that implementing the bill would cost less than $500,000 annually for the agency to develop training materials and to reimburse as many as 63 SBDCs; such spending would be subject to the availability of appropriated funds.
Enacting S. 1428 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting S. 1428 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.
S. 1428 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.
