PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Statement of Support for the Bipartisan “NO BOSS Act”

By at 4 June, 2024, 2:47 pm

News

For Immediate Release

Washington, D.C. – On June 4, Representatives Mike Carey (OH-15) and Greg Landsman (OH-1) introduced the “New Opportunities for Business Ownership and Self-Sufficiency (NO BOSS) Act.” The bill makes improvements to the currently underutilized Self-Employment Assistance (SEA) Program, making state participation less onerous and encouraging participation.  Small Business & Entrepreneurship Council (SBE Council) President & CEO Karen Kerrigan issued the following statement in support of the bipartisan legislation:

“Encouraging business ownership and entrepreneurship needs to be embedded within government policy and programs where it is efficient, makes sense, and has a proven track record. Therefore, SBE Council applauds Rep. Mike Carey and Rep. Greg Landsman for their bipartisan work in identifying a policy path that will turn the difficulty of a layoff into entrepreneurial opportunity for more Americans.”

“The ‘New Opportunities for Business Ownership and Self-Sufficiency Act’ (NO BOSS Act) provides a pragmatic approach to that end in that it modifies existing federal rules governing the state administration of self-employment programs to allow individuals to utilize those resources to start a business rather than being restricted into finding a new job with an existing employer, which may be more difficult in certain regions of the country. This smart approach, which has been piloted in certain states, supports economic development and entrepreneurial choice, and will help individuals achieve financial stability and fulfillment through business ownership. The NO BOSS Act provides reasonable and smart flexibility in how states administer the unemployment insurance program and is a win-win-win for local economies, the broader U.S. economy, and for individuals that want more flexibility and choice in pursuing their next career path.”

Full text of the NO BOSS Act is available here.

CONTACT:

KAREN KERRIGAN, kkerrigan@sbecouncil.org

SBE Council is a nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For nearly 30 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth.

Visit www.sbecouncil.org for additional information. Twitter: @SBECouncil

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