HR 3427 112th Congress House Labor and Employment Appropriations Business investment and capital Executive agency funding and structure Self-employed Small Business Administration Small business Unemployment

STARTUP Act

Introduced: November 18, 2011 Introduced by: Doggett, Lloyd Democratic · Texas See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 12, 2012

Referred to the Subcommittee on Domestic Monetary Policy and Technology.

Nov 21, 2011

Referred to the Subcommittee on Human Resources.

Nov 15, 2011

Referred 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.

Nov 15, 2011

Introduced in House

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Plain-English summary Congressional Research Service

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.

What's happening now January 12, 2012

Referred to the Subcommittee on Domestic Monetary Policy and Technology.

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