NO BOSS Act

The NO BOSS Act modifies federal rules to allow individuals receiving unemployment benefits to start self-employment businesses without first exhausting their regular benefits. It requires that these self-employment activities include approved entrepreneurial training, business counseling, or a submitted business plan with a market feasibility study. The changes take effect two years after enactment, though states are permitted to adopt similar rules earlier. The Department of Labor will issue regulations and guidance to help state agencies implement these new requirements.