MI SB1199

Adds Section 64a to the Michigan Employment Security Act to establish a self-employment assistance program allowing unemployed individuals to receive allowances while participating in entrepreneurial training and business development activities.

Defines self-employment assistance activities as entrepreneurial training, business counseling, mentorship, and technical assistance provided by the state or nonprofit organizations in coordination with Small Business Administration programs.

Establishes that weekly self-employment assistance allowances equal the extended compensation benefit amount, with combined allowances and extended compensation not exceeding the maximum benefit limit, capped at 26 weeks total duration.

Exempts participants from work-search requirements and self-employment income restrictions that normally apply to extended unemployment benefits, while requiring full-time participation in approved activities or face disqualification.

Limits participants to 1% of individuals receiving extended compensation at any time and requires the unemployment agency to have reasonable expectation that individuals will receive at least 13 times their average weekly benefit amount before eligibility.

Effective for benefit weeks beginning after January 5, 2013, contingent upon enactment of Senate Bill 1198.