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H.R. 2931, Enhancing Grid Security through Public-Private Partnerships Act (CBO Report for Congress)

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Congress 117th
Date Requested June 10, 2021
Requested By House Committee on Energy and Commerce
Date Sent June 28, 2021
Description:
H.R. 2931 would direct the Department of Energy (DOE) to establish a program to collaborate with federal, state, and private sector entities to assess and improve the cyber and physical security of electric utilities. The bill would authorize DOE to provide guidance, training, and technical assistance to electric utilities and would specify program reporting and administrative requirements. Using information from DOE, CBO estimates that implementing H.R. 2931 would not significantly affect the federal budget because the activities authorized by the bill are consistent with DOE’s existing efforts related to energy infrastructure security. CBO also estimates that providing the required reports would cost less than $500,000; such spending would be subject to the availability of appropriations.

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