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2014 SESSION

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HB 798 Unemployment compensation; Self-Employment Assistance Pilot Program established, report.

Introduced by: Alfonso H. Lopez | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Unemployment compensation; Self-Employment Assistance Pilot Program; report. Establishes the Self-Employment Assistance Pilot Program (Program), under which up to 100 unemployed individuals receive unemployment compensation while they are establishing their own businesses and becoming self-employed. Participants receive an allowance in lieu of weekly regular benefit payments and may use the allowance for entrepreneurial training, business counseling, and technical assistance. The bill provides for the Virginia Employment Commission to develop and implement the program and to report annually to the Governor and the General Assembly on (i) the total number of participants, (ii) the fiscal status of the Program, and (iii) any other information that will assist in determining the viability of the Program.


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