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S. 2525, Domains Critical to Homeland Security 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 Oct. 25, 2021
Description:
S. 2525 would authorize the Department of Homeland Security (DHS) to identify and analyze potential threats to infrastructure, industries, technologies, and intellectual property critical to the economic security of the United States. The agency would be required to report its findings and recommendations to the Congress annually through 2026. The bill would authorize the appropriation of $1 million each year from 2022 through 2026 to carry out the new requirements. Using historical patterns of spending for similar programs and assuming appropriation of the authorized amounts, CBO estimates that implementing S. 2525 would cost $3 million over the 2022-2026 period and $2 million after 2026. On June 15, 2021, CBO transmitted a cost estimate for H.R. 3264, the Domains Critical to Homeland Security Act, as ordered reported by the House Committee on Homeland Security on June 1, 2021. That bill is similar to S. 2525, as described above, and CBO’s estimates for the bills are the same.

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