As reported by the House Committee on Small Business on March 14, 2018
H.R. 3170 would require the Small Business Administration (SBA) to develop a cyber counseling certification 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 certifying their staff through the program. Based on that limit and using 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 H.R. 3170 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting H.R. 3170 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.
H.R. 3170 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.
On September 11, 2017, CBO transmitted a cost estimate for S. 1428 the Small Business Cyber Training Act of 2017, as ordered reported by the Senate Committee on Small Business and Entrepreneurship on August 2, 2017. The bills are similar and CBO’s estimates of their budgetary effects are the same.