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HR 6431Passed HouseTaxeshouse

New Opportunities for Business Ownership and Self-Sufficiency Act

Introduced Dec 4, 2025 by Rep. Mike Carey

IntroducedCommitteeFloorCongressLaw

The House passed it. The Senate has to pass it before it can reach the President.

Latest action · Apr 28, 2026
Received in the Senate and Read twice and referred to the Committee on Finance.
Read it on Congress.gov
What it does

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 by the state, and (3) working full-time on establishing a business and becoming self-employed. Under current law, the number of individuals participating in an SEA program may not exceed 5% of the individuals receiving regular unemployment compensation benefits in the state.

The bill

increases the percentage of individuals who may participate in a state SEA program to 10%,

Read the full summary on Congress.gov

Summary by the Congressional Research Service.

Roll-call votes

No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.

History
  1. Apr 28, 2026
    Received in the Senate and Read twice and referred to the Committee on Finance.
  2. Apr 27, 2026
    Motion to reconsider laid on the table Agreed to without objection.
  3. Apr 27, 2026
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3114)
  4. 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)
  5. Apr 27, 2026
    DEBATE - The House proceeded with forty minutes of debate on H.R. 6431.
  6. Apr 27, 2026
    Considered under suspension of the rules. (consideration: CR H3114-3115)
  7. Apr 27, 2026
    Mr. Carey moved to suspend the rules and pass the bill, as amended.
  8. Feb 20, 2026
    Placed on the Union Calendar, Calendar No. 435.
  9. Feb 20, 2026
    Reported (Amended) by the Committee on Ways and Means. H. Rept. 119-509.
  10. Jan 14, 2026
    Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 41 - 0.
  11. Jan 14, 2026
    Committee Consideration and Mark-up Session Held
  12. Dec 4, 2025
    Referred to the House Committee on Ways and Means.
  13. Dec 4, 2025
    Introduced in House