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A bill to amend the Internal Revenue Code of 1986 to modify the rules governing the State administration of self-employment assistance programs.
This bill proposes to make changes to the Internal Revenue Code of 1986, specifically targeting the rules that govern how states manage self-employment assistance programs. These programs often provide support to individuals who are self-employed, including benefits like unemployment insurance and tax credits.
The bill would affect states and self-employed individuals by potentially altering how these assistance programs are funded and administered. For example, it could change eligibility criteria, benefit amounts, or the process through which states apply for federal funds.
As of July 16, 2026, the bill has just been introduced in the Senate and referred to the Committee on Finance for further review. The committee will examine the bill's details, hold hearings if necessary, and decide whether to move it forward to a full Senate vote.