H.R. 9197 would require the National Institute of Standards and Technology (NIST) to develop and disseminate resources for small businesses relating to artificial intelligence (AI). NIST would be required to review and update these resources every two years and to report to Congress within four years of enactment. The bill also would direct NIST to continue supporting small and medium-sized manufacturers in adopting new technologies, such as AI.
Based on the cost of similar activities, CBO expects that NIST would need two people, at an annual per-person cost of about $235,000 in 2025, to produce and distribute the required materials. On that basis and accounting for anticipated inflation, CBO estimates that implementing H.R. 9197 would cost $2 million over the 2025-2029 period. Any related spending would be subject to the availability of appropriated funds.
The CBO staff contact for this estimate is Margot Berman. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.
