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Modifications to State Self-Employment Assistance Programs.

This Act amends the Internal Revenue Code to modify rules for state self-employment assistance programs. It removes the requirement that participants must be likely to exhaust regular unemployment compensation and increases the limitation on the number of participating individuals from 5 percent to 10 percent. Additionally, it mandates weekly certification of self-employment assistance activities.
Key points
Eligibility Change: The Act eliminates the requirement that participants be identified as likely to exhaust regular unemployment compensation.
Increased Capacity: The limitation on the number of individuals participating in the program is adjusted from 5 percent to 10 percent.
Weekly Certification: Participants are required to certify their self-employment assistance activities on at least a weekly basis to a state-designated agency.
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Additional Information
Print number: 118_HR_8605
Sponsor: Rep. Carey, Mike [R-OH-15]
Process start date: 2024-06-04