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S. 3143, National Quantum Initiative Act (CBO Report for Congress)

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Congress 115th
Date Requested Aug. 1, 2018
Requested By Senate Committee on Commerce, Science, and Transportation
Date Sent Aug. 20, 2018
Description:
S. 3143 would establish an office and a program to advance research in quantum information science and technology applications. The bill would authorize appropriations for the National Institute of Standards and Technology and the National Science Foundation to carry out related activities. CBO estimates that implementing S. 3143 would cost $450 million over the 2019-2023 period, assuming appropriation of the authorized and necessary amounts. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 3143 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. S. 3143 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

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