The NO BOSS Act modifies rules for state self-employment assistance programs under the Internal Revenue Code.

The New Opportunities for Business Ownership and Self-Sufficiency Act, or NO BOSS Act, amends the Internal Revenue Code to change how states administer self-employment assistance programs. It removes the requirement that participants are likely to exhaust regular unemployment compensation. Instead, it requires participation in approved self-employment activities, such as entrepreneurial training, business counseling, and technical assistance. The changes will take effect two years after the enactment of the Act, though states can implement them earlier.

The NO BOSS Act modifies rules for state self-employment assistance programs under the Internal Revenue Code.

The New Opportunities for Business Ownership and Self-Sufficiency Act, or NO BOSS Act, amends the Internal Revenue Code to change how states administer self-employment assistance programs. It removes the requirement that participants are likely to exhaust regular unemployment compensation. Instead, it requires participation in approved self-employment activities, such as entrepreneurial training, business counseling, and technical assistance. The changes will take effect two years after the enactment of the Act, though states can implement them earlier.