H.R. 5255, Federal Contractor Cybersecurity Vulnerability Reduction Act of 2024
As ordered reported by the House Committee on Oversight and Accountability on May 15, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
*
*
*
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
*
*
*
Spending Subject to Appropriation (Outlays)
*
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
*
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
*
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 5255 would require the Office of Management and Budget (OMB) to assess federal practices for requiring contractors to disclose cybersecurity vulnerabilities in their information technology systems. The bill also would require the Federal Acquisition Council to incorporate recommendations for disclosing such vulnerabilities into acquisition regulations.
