US HB3427 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on November 15 2011 - 25% progression, died in committee
Action: 2012-01-12 - Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Pending: House Subcommittee on Domestic Monetary Policy and Technology Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Startup Technical Assistance for Reemployment Training and Unemployment Prevention Act or the STARTUP Act - Amends the Federal-State Extended Unemployment Compensation Act of 1970 to authorize states to establish a self-employment assistance program (a program to provide unemployed individuals with an allowance in lieu of extended unemployment compensation to establish a business and become self-employed). Amends the Supplemental Appropriations Act, 2008 to allow individuals receiving emergency unemployment compensation to participate in a self-employment assistance program. Directs the Secretary of Labor to: (1) award grants to states for self-employment assistance programs; (2) develop model language that may be used by states in enacting such programs and provide technical assistance to states in establishing, improving, and administering such programs; (3) establish reporting requirement for states that have established such programs; and (4) report to Congress on the effectiveness of such programs. Amends the Riegle Community Development and Regulatory Improvement Act of 1994 to repeal the program for investment in microentrepreneurs. Limits and rescinds funding for the Loan Modernization and Accounting System established by the Small Business Administration (SBA). Directs the Administrator of SBA to terminate the Special Purpose Counseling Grant program under the Small Business Act.

Tracking Information

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Title

STARTUP Act

Sponsors


History

DateChamberAction
2012-01-12HouseReferred to the Subcommittee on Domestic Monetary Policy and Technology.
2011-11-21HouseReferred to the Subcommittee on Human Resources.
2011-11-15HouseReferred to House Appropriations
2011-11-15HouseReferred to House Small Business
2011-11-15HouseReferred to House Financial Services
2011-11-15HouseReferred to House Ways and Means
2011-11-15HouseReferred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, Small Business, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Same As/Similar To

SB1826 (Same As) 2011-11-08 - Read twice and referred to the Committee on Finance.
HB3630 (Related) 2012-02-22 - Became Public Law No: 112-96.

Subjects


US Congress State Sources


Bill Comments

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