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New Opportunities for Business Ownership and Self-Sufficiency Act

Passed first chamber: it can still change before the session ends.

US HR 6431 · House Bill · 119th Congress

Draft a letter
Stage
Passed first chamber
Started in
House
Sponsors
7
Latest action
Apr 28, 2026

What it does

New Opportunities for Business Ownership and Self-Sufficiency Act 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…

Official summary · Introduced in House · Dec 4, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Dec 4, 2025

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Apr 28, 2026

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

New Opportunities for Business Ownership and Self-Sufficiency Act | 52