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S. 2305, Cybersecurity Opportunity Act (CBO Report for Congress)

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Congress 117th
Date Requested Aug. 4, 2021
Requested By Senate Committee on Homeland Security and Governmental Affairs
Date Sent Sept. 24, 2021
Description:
S. 2305 would require the Department of Homeland Security (DHS) to distribute grants to colleges and universities to expand their cybersecurity research programs and class offerings. Under the bill, DHS would award at least half of the grant funding to Historically Black Colleges and Universities and other minority-serving institutions. The bill also would require DHS to report to the Congress annually on the effectiveness of the new grant program. Based on funding for similar grant programs, CBO estimates that implementing S. 2305 would cost $16 million over the 2021-2026 period (detailed in Table 1). That estimate includes $12 million for grants and $4 million for salaries and expenses over the 2021-2026 period for the administrative costs of reviewing grant applications and reporting on the program’s implementation. Such spending would be subject to the availability of appropriations. For this estimate, CBO assumes that the bill will be enacted in fiscal year 2022.

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