legislation: 102-s-2784
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 102-s-2784 | 102 | s | 2784 | Self-Sufficiency Opportunities Act of 1992 | Social Welfare | 1992-05-21 | 1992-05-21 | Read twice and referred to the Committee on Finance. | Senate | Sen. Dodd, Christopher J. [D-CT] | CT | D | D000388 | 1 | Self-Sufficiency Opportunities Act of 1992 - Amends part A (Aid to Families with Dependent Children) (AFDC) of title IV of the Social Security Act to disregard for purposes of AFDC eligibility any savings from a child's earned income placed in a qualified education account. Allows States to permit certain self-employment program participants a one-time election to purchase capital equipment for a small business. Treats: (1) such purchases as business expenses and prohibits their depreciation for income tax purposes; and (2) repayments of the principal portion of small business loans and cash retained by small businesses for future uses as business expenses for purposes of AFDC eligibility. Authorizes grants to States for public-private parterships for technical assistance for AFDC recipients seeking to become self-employed. Authorizes appropriations. | 2025-08-26T15:15:02Z |