119th Congress Taxation
H.R. 6431: New Opportunities for Business Ownership and Self-Sufficiency Act
Passed House
- Introduced (completed)
- Passed House (completed)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill increases the percentage of individuals who may participate in a Self-Employment Assistance (SEA) program, generally expands eligibility for such programs, and modifies certain SEA program requirements.
As background, an SEA program provides an individual with an SEA allowance, rather than regular unemployment compensation benefits, if such individual is (1) eligible for unemployment compensation benefits and identified as likely to exhaust such benefits, (2) participating in self-employment assistance activities which include entrepreneurial training, business counseling, and technical assistance and are approved by the state, and (3) working full-time on establishing a business and becoming self-employed. Under current law, the number of individuals participating in an SEA program may not exceed 5% of the individuals receiving regular unemployment compensation benefits in the state.
The bill
Read the full summary
- increases the percentage of individuals who may participate in a state SEA program to 10%,
- eliminates the requirement that an individual be determined likely to exhaust unemployment compensation benefits (generally expanding individual eligibility for an SEA program), and
- requires individuals to certify (at least weekly) that they are working full-time on establishing a business and becoming self-employed.
Finally, the bill allows individuals to meet the requirement to participate in state-approved self-employment assistance activities if such activities either (1) include entrepreneurial training, business counseling, and technical assistance (permitted under current law); or (2) are performed pursuant to a state-approved business plan and market feasibility study.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Randy Feenstra R-IAOriginal
- Greg Landsman D-OHOriginal
- Max Miller R-OHOriginal
- Nathaniel Moran R-TXOriginal
- Rudy Yakym R-INOriginal
- Eugene Vindman D-VA
Who scored on this bill
- 1Mike Carey SponsorDrew cross-party cosponsors, introduced, marked up, reported, passed House5 events+68
- 2Randy FeenstraCosponsored; cosponsored bill passed2 events+4
- 2Greg LandsmanCosponsored; cosponsored bill passed2 events+4
- 2Max MillerCosponsored; cosponsored bill passed2 events+4
- 2Nathaniel MoranCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Mike Carey
- H.R. 8872: Preventing Waste, Fraud, and Abuse in TANF Act
- H.R. 1453: Clean Energy Demonstration Transparency Act of 2025
- H.J.Res. 25: Disapproval of Internal Revenue Service rule: Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales
- H.R. 6513: COCOA Act of 2024
- H.R. 1069: Clean Energy Demonstration Transparency Act of 2023
History
- Passed the House by voice vote.
- Introduced in the House by Mike Carey.
Show the full action history (13 actions)
- Received in the Senate and Read twice and referred to the Committee on Finance.
- Mr. Carey moved to suspend the rules and pass the bill, as amended.
- Considered under suspension of the rules. (consideration: CR H3114-3115)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 6431.
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3114)
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3114)
- Motion to reconsider laid on the table Agreed to without objection.
- Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-509.
- Placed on the Union Calendar, Calendar No. 435.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
- Introduced in House
- Referred to the House Committee on Ways and Means.