Legis Daily

New Opportunities for Business Ownership and Self-Sufficiency Act

USA119th CongressHR-6431| House 
| Updated: 4/28/2026
Mike Carey

Mike Carey

Republican Representative

Ohio

Cosponsors (6)
Greg Landsman (Democratic)Eugene Simon Vindman (Democratic)Nathaniel Moran (Republican)Rudy Yakym (Republican)Max L. Miller (Republican)Randy Feenstra (Republican)

Ways and Means Committee, Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation aims to streamline and expand state self-employment assistance programs by removing the requirement that participants must be likely to exhaust their regular unemployment compensation, thereby broadening eligibility. It modifies the criteria for approved self-employment activities, now requiring them to include either entrepreneurial training, business counseling, and technical assistance , or be based on an individual's approved business plan and market feasibility study , while also introducing a new requirement for participants to certify their activities on a weekly basis. A significant change is the adjustment of the limitation on program participation, increasing it from 5 percent to 10 percent of individuals receiving regular unemployment compensation. These amendments will take effect two years after enactment, allowing states time to adapt their laws and implement the new regulations to be issued by the Secretary of Labor.

Bill Text Versions

View Text
4 versions available

Suggested Questions

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Timeline

Bill from Previous Congress

HR 118-8605
New Opportunities for Business Ownership and Self-Sufficiency Act
Dec 4, 2025
Introduced in House
Dec 4, 2025
Referred to the House Committee on Ways and Means.
Jan 14, 2026
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
Jan 14, 2026
Committee Consideration and Mark-up Session Held
Feb 20, 2026
Placed on the Union Calendar, Calendar No. 435.
Feb 20, 2026
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-509.
Apr 27, 2026
Mr. Carey moved to suspend the rules and pass the bill, as amended.
Apr 27, 2026
Considered under suspension of the rules.
Apr 27, 2026
Considered under suspension of the rules. (consideration: CR H3114-3115)
Apr 27, 2026
DEBATE - The House proceeded with forty minutes of debate on H.R. 6431.
Apr 27, 2026
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Apr 27, 2026
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)
Apr 27, 2026
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Apr 27, 2026
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3114)
Apr 27, 2026
Motion to reconsider laid on the table Agreed to without objection.
Apr 28, 2026
Received in the Senate and Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    HR 118-8605
    New Opportunities for Business Ownership and Self-Sufficiency Act


  • December 4, 2025
    Introduced in House


  • December 4, 2025
    Referred to the House Committee on Ways and Means.


  • January 14, 2026
    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.


  • January 14, 2026
    Committee Consideration and Mark-up Session Held


  • February 20, 2026
    Placed on the Union Calendar, Calendar No. 435.


  • February 20, 2026
    Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-509.


  • April 27, 2026
    Mr. Carey moved to suspend the rules and pass the bill, as amended.


  • April 27, 2026
    Considered under suspension of the rules.


  • April 27, 2026
    Considered under suspension of the rules. (consideration: CR H3114-3115)


  • April 27, 2026
    DEBATE - The House proceeded with forty minutes of debate on H.R. 6431.


  • April 27, 2026
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • April 27, 2026
    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)


  • April 27, 2026
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • April 27, 2026
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3114)


  • April 27, 2026
    Motion to reconsider laid on the table Agreed to without objection.


  • April 28, 2026
    Received in the Senate and Read twice and referred to the Committee on Finance.

Taxation

Employment taxesSelf-employedState and local government operationsUnemployment

New Opportunities for Business Ownership and Self-Sufficiency Act

USA119th CongressHR-6431| House 
| Updated: 4/28/2026
This legislation aims to streamline and expand state self-employment assistance programs by removing the requirement that participants must be likely to exhaust their regular unemployment compensation, thereby broadening eligibility. It modifies the criteria for approved self-employment activities, now requiring them to include either entrepreneurial training, business counseling, and technical assistance , or be based on an individual's approved business plan and market feasibility study , while also introducing a new requirement for participants to certify their activities on a weekly basis. A significant change is the adjustment of the limitation on program participation, increasing it from 5 percent to 10 percent of individuals receiving regular unemployment compensation. These amendments will take effect two years after enactment, allowing states time to adapt their laws and implement the new regulations to be issued by the Secretary of Labor.

Bill Text Versions

View Text
4 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 118-8605
New Opportunities for Business Ownership and Self-Sufficiency Act
Dec 4, 2025
Introduced in House
Dec 4, 2025
Referred to the House Committee on Ways and Means.
Jan 14, 2026
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
Jan 14, 2026
Committee Consideration and Mark-up Session Held
Feb 20, 2026
Placed on the Union Calendar, Calendar No. 435.
Feb 20, 2026
Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-509.
Apr 27, 2026
Mr. Carey moved to suspend the rules and pass the bill, as amended.
Apr 27, 2026
Considered under suspension of the rules.
Apr 27, 2026
Considered under suspension of the rules. (consideration: CR H3114-3115)
Apr 27, 2026
DEBATE - The House proceeded with forty minutes of debate on H.R. 6431.
Apr 27, 2026
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Apr 27, 2026
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)
Apr 27, 2026
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Apr 27, 2026
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3114)
Apr 27, 2026
Motion to reconsider laid on the table Agreed to without objection.
Apr 28, 2026
Received in the Senate and Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    HR 118-8605
    New Opportunities for Business Ownership and Self-Sufficiency Act


  • December 4, 2025
    Introduced in House


  • December 4, 2025
    Referred to the House Committee on Ways and Means.


  • January 14, 2026
    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.


  • January 14, 2026
    Committee Consideration and Mark-up Session Held


  • February 20, 2026
    Placed on the Union Calendar, Calendar No. 435.


  • February 20, 2026
    Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-509.


  • April 27, 2026
    Mr. Carey moved to suspend the rules and pass the bill, as amended.


  • April 27, 2026
    Considered under suspension of the rules.


  • April 27, 2026
    Considered under suspension of the rules. (consideration: CR H3114-3115)


  • April 27, 2026
    DEBATE - The House proceeded with forty minutes of debate on H.R. 6431.


  • April 27, 2026
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • April 27, 2026
    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)


  • April 27, 2026
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • April 27, 2026
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3114)


  • April 27, 2026
    Motion to reconsider laid on the table Agreed to without objection.


  • April 28, 2026
    Received in the Senate and Read twice and referred to the Committee on Finance.
Mike Carey

Mike Carey

Republican Representative

Ohio

Cosponsors (6)
Greg Landsman (Democratic)Eugene Simon Vindman (Democratic)Nathaniel Moran (Republican)Rudy Yakym (Republican)Max L. Miller (Republican)Randy Feenstra (Republican)

Ways and Means Committee, Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employment taxesSelf-employedState and local government operationsUnemployment