H.R. 2114 would authorize the Department of Energy (DOE) to provide grants to states to implement, review, and revise state energy security plans and would authorize DOE to provide information and technical assistance to states during that process. Under the act, state energy security plans would include assessments of current energy plans and proposed methods to strengthen the physical and cybersecurity of a state’s energy infrastructure.
In 2019, DOE allocated $55 million for a similar grant program. Based on spending patterns for that program and assuming appropriation of the authorized amounts, CBO estimates that implementing H.R. 2114 would cost $212 million over the 2020-2024 period and $238 million after 2024.
The costs of the legislation (detailed in Table 1) fall within budget function 270 (energy).
On October 18, 2019, CBO transmitted a cost estimate for S. 2094, the Enhancing State Energy Security Planning and Emergency Preparedness Act of 2019, as ordered reported by the Senate Committee on Energy and Natural Resources on September 25, 2019. The two pieces of legislation are similar and CBO’s estimated budgetary effects are the same.