HR8605-118

Introduced

To amend the Internal Revenue Code of 1986 to modify the rules governing the State administration of self-employment assistance programs.

118th Congress Introduced Jun 4, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to modify the rules governing the State administration of self-employment assistance programs., changes federal law or congressional policy affecting workers, employers, and labor regulators. The main policy domain is Labor, Government Operations, Transportation.

Who Benefits and How

workers, employers, and labor regulators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, workers, employers, and labor regulators may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H5750F4E75F624039842CC1DDD1F2ADCE: 1. Short title This Act may be cited as the New Opportunities for Business Ownership and Self-Sufficiency Act.
  • Section H55520978CF9E4C3D9C938946A9927E07: 2. Modification of rules governing State administration of self-employment assistance programs Section 3306(t)(3) of the Internal Revenue Code of 1986 is...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to modify the rules governing the State administration of self-employment assistance programs., changes federal law or congressional policy affecting workers, employers, and labor regulators.

Key Policy Areas

Labor, Government Operations, Transportation

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to modify the rules governing the State administration of self-employment assistance programs., changes federal law or congressional policy affecting workers, employers, and labor regulators.

Policy Domains

Labor Government Operations Transportation

Whole bill

Identified Gains
Contextual inference, no direct clause citation
  • workers, employers, and labor regulators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • federal implementing agencies
  • workers, employers, and labor regulators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Legislative Progress

Introduced
Introduced Committee Passed
Jun 4, 2024

Mr. Carey (for himself and Mr. Landsman) introduced the following …

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Labor Government Operations Transportation
Actor Mappings
"secretary_of_labor"
→ Secretary of Labor

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology