Illinois HB3126 establishes a self-employment assistance program for eligible individuals starting a business.
Illinois HB3126 amends the Department of Employment Security Law to create a self-employment assistance program. This program provides benefits to individuals working to start a business in Illinois who are eligible for unemployment insurance. Participants in the program are considered actively seeking work under the Unemployment Insurance Act, and benefits paid are treated as unemployment benefits. The Department of Employment Security will adopt rules to implement and administer the program.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.