By: Quiver LegislationRadar
Posted: 5 minutes ago / Aug. 14, 2026 3:44 p.m. UTC
We have received text from S. 5360: Rural and Municipal Utility Cybersecurity Act. This bill was received on 2026-08-07, and currently has 4 cosponsors.
Here is a short summary of the bill:
This bill would reauthorize a federal grant and technical assistance program for
rural electric cooperatives
,
municipally owned utilities
, and certain other smaller electric utilities so they can improve their cybersecurity.
What the program would do
The bill would keep in place the
Rural and Municipal Utility Advanced Cybersecurity Grant and Technical Assistance Program
and direct the Department of Energy to provide:
-
Technical assistance
to eligible utilities; -
Grants, cooperative agreements, and prizes
to help pay for cybersecurity improvements.
The goal is to help these utilities:
- prevent cyberattacks;
- detect them sooner;
- respond to incidents;
- recover more quickly after an attack.
Who could receive help
The bill defines eligible entities to include:
- rural electric cooperatives;
- electric utilities owned by a city, county, or other political subdivision of a state;
- utilities owned by certain public agencies or authorities;
- nonprofit entities that partner with at least six eligible utilities;
- smaller investor-owned electric utilities that sell less than 4 million megawatt hours of electricity per year.
How funding would be used
The program would focus on deploying
advanced cybersecurity technology
, which the bill broadly defines to include hardware, software, services, and other tools that improve an electric utility’s ability to defend against cyber threats.
The bill also says the program should help more eligible utilities participate in
cybersecurity threat information-sharing programs
.
How awards would be distributed
The Secretary of Energy would have to:
- set criteria for awarding assistance and funding;
- use either competitive or noncompetitive awards, depending on the situation and available appropriations;
- be allowed to make agreements that help carry out the program;
- create a process to inform eligible utilities about funding and technical assistance opportunities.
The bill says the Secretary should give priority to utilities that:
- have limited cybersecurity resources;
- own assets important to the reliability of the bulk power system;
- own or operate defense-critical electric infrastructure.
Information privacy
Information shared with the federal government or state, tribal, or local governments under the program would be treated as
voluntarily shared information
and would be exempt from public disclosure under federal and similar state or local open records laws.
Funding
The bill would authorize
$250 million
in appropriations for fiscal years
2027 through 2031
to carry out the program.
Relevant Companies
None found
Senator David McCormick Bill Proposals
Here are some bills which have recently been proposed by Senator David McCormick:
- S.5360: Rural and Municipal Utility Cybersecurity Act
- S.5305: Campus Lifeline Act
- S.5295: NIH Mentorship Modernization Act
- S.5263: Workforce Recovery and Resilience Act
- S.5203: TURBO Act
- S.5079: AG2PI Act of 2026
You can track bills proposed by Senator David McCormick on Quiver Quantitative’s politician page for McCormick.
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You can track Senator David McCormick’s stock trading on Quiver Quantitative’s politician page for McCormick.
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Approximately $388,601,595 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
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You can track this election on our matchup page for the 2030 Pennsylvania US Senate election.
This article is not financial advice. See Quiver Quantitative’s disclaimers for more information.
