S. 433 would require the Department of Commerce to establish a National Manufacturing Advisory Council to propose solutions to problems affecting U.S. manufacturing, provide advice about federal programs that affect manufacturing, and produce an annual strategic manufacturing plan. The bill also would transfer the functions of the U.S. Manufacturing Council at the department to the new advisory council. The new council would include members with manufacturing experience in private industry. The council would sunset between five and six years after its first meeting.
Based on the cost of similar advisory committees, CBO estimates that operating the council would cost less than $500,000 for staff salaries, travel costs, and other expenses; any related spending would be subject to the availability of appropriated funds.
The CBO staff contact for this estimate is Zunara Naeem. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.
