Cybersecurity Information Sharing Act Would Cost $20 Million to Implement, CBO Says
The Cybersecurity Information Sharing Act (CISA) would cost $20 million to implement, the Congressional Budget Office (CBO) said Thursday. CISA’s (S-2588) annual implementation cost would be $4 million between 2015 and 2019, with part of the cost for additional…
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staff “needed to administer the program and to manage the exchange of information between federal agencies and the private sector,” CBO said in its report. Industry lobbyists have said the Senate is unlikely to consider CISA during the lame-duck session, with its chances hinging on further action on the USA Freedom Act (see 1411070037). A Senate cloture vote on its version of the bill (S-2685) last week fell below the required 60-vote threshold, 58-42 (see 1411190044). Retiring House Intelligence Committee Chairman Mike Rogers, R-Mich., urged the Senate Thursday to pass CISA, saying during a House Intelligence hearing that the committee and the Senate Intelligence Committee are "so close to an agreement" on a compromise between CISA and its relative House-passed counterpart, the Cyber Intelligence Sharing and Protection Act (HR-624).