,,ii  #aaith ,,congress  #b;d ,session  
,s4 #ejaj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #af1     
#bjbf,mr4 ,coons 7for himself1 ,mr4     
,lankford1 and ,mr4 ,husted7 introduced 
the following bill2 which was read twice
 and referred to the ,committee on      
,finance  ,a ,,bill  ,to amend the      
,internal ,revenue ,code of #aihf to    
modify the rules governing the ,state   
administration of self-employment       
assistance programs4  #a4 ,short title  
,this ,act may be cited as the ,new     
,opportunities for ,business ,ownership 
and ,self-,sufficiency ,act or the ,,no 
,,boss ,act4  #b4 ,modification of rules
 governing ,state administration of     
self-employment assistance programs  7a7
 ,elimination of requirement that       
participants are likely ,to exhaust     
regular unemployment compensation       
,section #ccjf7t77#c7 of the ,internal  
,revenue ,code of #aihf is amended by   
striking subparagraph 7,b7 and by       
redesignating subparagraphs 7,c7 and    

7,d7 as subparagraphs 7,b7 and 7,c71    
respectively4  7b7 ,modification of     
requirement ,to participate in          
self-,employment assistance activities  
,section #ccjf7t77#c77;,b7 of the       
,internal ,revenue ,code of #aihf1 as   
redesignated by subsection 7a71 is      
amended to read as follows3  7,b7 are   
participating in self-employment        
assistance activities which are approved
 by the ,state agency and either-- 7i7  
include entrepreneurial training1       
business counseling1 and technical      
assistance2 or  7ii7 are performed      
pursuant to a business plan and market  
feasibility study submitted by the      
individual and approved by the ,state or
 an agency designated by the ,state2 and
  4  7c7 ,effective date ,the amendments
 made by this section shall apply       
beginning on the date that is #b years  
after the date of enactment of this     
section1 except that nothing in this    
section shall be interpreted to prevent 
a ,state from amending its law before   

the end of the #b-year period beginning 
on the date of the enactment of this    
section4  7d7 ,issuance of regulations  
,the ,secretary of ,labor shall1 after  
public notice and comment and subject to
 approval by the ,office of ,management 
and ,budget1 adopt regulations to       
administer this section4  7e7 ,issuance 
of guidance ,the ,secretary of ,labor   
shall provide guidance to ,state        
workforce agencies that includes-- 7#a7 
a model list of self-employment         
assistance activities that fulfill      
requirements of the program under       
section #ccjf7t7 of the ,internal       
,revenue ,code of #aihf2 and  7#b7 best 
practices for verification of completion
 of such activities4