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This bill amends the Internal Revenue Code to modify state administration of self-employment assistance programs, which provide unemployment benefits to individuals starting businesses. The bill removes the requirement that participants be likely to exhaust regular unemployment compensation, expands eligible self-employment activities to include entrepreneurial training and business plans, and increases the cap on program participation from 5% to 10% of a state's unemployment insurance claimants. The changes take effect two years after enactment, with the Department of Labor to issue implementing regulations.
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