Review - S 4701 Introduced - Small Business Cybersecurity

Last month, Sen Hassan (D,NH) introduced S 4701, the Small Businesses Cybersecurity Act. The bill would establish a small business development center (SBDC) cybersecurity grant program in the Small Business Administration. The bill would authorize $20 million per year to fund the grant program.

Moving Forward

Hassan is not a member of the Senate Small Business Cybersecurity Act to which this bill was assigned for consideration. This means that it is unlikely that the bill will be considered by the Committee. I see nothing in this bill to engender any organized opposition. I suspect that if the bill were considered in Committee that it would receive at least some level of bipartisan support. There would probably be sufficient bipartisan support on the floor of the Senate to achieve 60+ votes on cloture motions, so the bill could probably make its way through the floor consideration processes. Unfortunately, the bill is not of great enough importance to take up the necessary time for the legislative process in the limited time left in this session.

 

For more details about the grant program outlined in the bill, see my article at CFSN Detailed Analysis - https://patrickcoyle.substack.com/p/s-4701-introduced - subscription required.