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New Opportunities for Business Ownership and Self-Sufficiency Act
2/21/2026, 9:05 AM
Summary of Bill HR 6431
The "New Opportunities for Business Ownership and Self-Sufficiency Act" was introduced in the 119th Congress on December 4, 2025. The bill, designated as H.R. 6431, aims to provide opportunities for business ownership and self-sufficiency. Specific provisions or directives within the bill were not explicitly detailed in the provided context. For further information, the official PDF version of the bill can be accessed using the provided link: [https://www.congress.gov/119/bills/hr6431/BILLS-119hr6431ih.pdf](https://www.congress.gov/119/bills/hr6431/BILLS-119hr6431ih.pdf).
Read the Full Bill
Current Status of Bill HR 6431
Bill HR 6431 is currently in the status of Bill Introduced since December 4, 2025. Bill HR 6431 was introduced during Congress 119 and was introduced to the House on December 4, 2025. Bill HR 6431's most recent activity was Placed on the Union Calendar, Calendar No. 435. as of February 20, 2026
Bipartisan Support of Bill HR 6431
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
11Democrat Cosponsors
3Republican Cosponsors
8Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6431
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 6431
To amend the Internal Revenue Code of 1986 to modify the rules governing the State administration of self-employment assistance programs.
To amend the Internal Revenue Code of 1986 to modify the rules governing the State administration of self-employment assistance programs.
Comments
Sponsors and Cosponsors of HR 6431
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