US Congress Senate Bill 4785 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on October 1 2020 - 25% progression, died in committee
Action: 2020-10-01 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Requires the Office of Management and Budget, in coordination with the Cybersecurity and Infrastructure Security Agency, to develop a standard model for creating a risk-based budget for cybersecurity spending. The risk-based budget must (1) be developed by identifying and prioritizing cybersecurity risks and vulnerabilities through analysis of threat intelligence, incident data, and tactics, techniques, procedures, and capabilities of cyber threats; and (2) allocate resources based on the risks identified and prioritized. Within two years of the development of the model, federal agencies must begin using the model to develop annual cybersecurity and information technology budget requests.

Risk-Informed Spending for Cybersecurity Act

Sen. Rob Portman [R-OH]

Sen. Gary Peters [D-MI]

Date	Chamber	Action
2020-10-01	Senate	Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/4785/all-info
Text	https://www.congress.gov/116/bills/s4785/BILLS-116s4785is.pdf