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HR 288 102th Congress House Commerce Aid to dependent children Bank loans Block grants Executive reorganization Federal aid to community development Finance and Financial Sector Government lending Health Income Medicaid Medicare Public assistance programs Savings and loan associations Small business Social security eligibility State laws Supplemental security income program Unemployment insurance Urban economic development

Act for Micro-Enterprise

Introduced: January 3, 1991 See on congress.gov
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 23, 1991
Referred to the Subcommittee on SBA, the General Economy, and Minority Enterprise Development.
Feb 11, 1991
Referred to the Subcommittee on Health and the Environment.
Jan 23, 1991
Referred to the Subcommittee on Human Resources.
Jan 15, 1991
Referred to the Subcommittee on Economic Stabilization.
Jan 3, 1991
Referred to the House Committee on Small Business.
Jan 3, 1991
Introduced in House
Jan 3, 1991
Referred to the House Committee on Ways and Means.
Jan 3, 1991
Referred to the House Committee on Energy and Commerce.
Jan 3, 1991
Referred to the House Committee on Banking, Finance + Urban Affrs.
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 Plain-English summary Congressional Research Service

Act for Micro-Enterprise - Amends the Social Security Act to exclude from income for purposes of the Aid to Families with Dependent Children (AFDC) and Supplemental Security Income (SSI) programs business assets received primarily for micro-enterprise business purposes.

Extends public assistance benefits (including AFDC, SSI, Medicaid, and Medicare) for persons with income from or resources in a micro-enterprise (any commercial enterprise with five or fewer employees, one or more of whom own the enterprise).

Amends the Internal Revenue Code to make eligible for unemployment compensation an individual who starts a micro-enterprise.

Amends the Housing and Community Development Act of 1974 to make financial assistance available under the Community Development Block Grant and Urban Development Action Grant programs to lending institutions and public and private organizations to provide loans, counseling, and training for micro-enterprises.

Amends the Small Business Act to urge that when implementing business loan programs the Administrator of the Small Business Administration consider the needs of micro-enterprises, and the institutions which offer them credit or services.

Amends the Home Owners' Loan Act to treat savings association loans to micro-enterprises as qualified thrift investments.

Mandates that each Federal banking agency establish a Micro-Enteprise Technical and Operations Office (Me-Too) to promote micro-enterprises through technical assistance, outreach, and training.

What's happening now May 23, 1991

Referred to the Subcommittee on SBA, the General Economy, and Minority Enterprise Development.

 Related & companion bills 1
  • S 1395 Identical bill Act for Micro-Enterprise
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 8
 Cosponsors 3
All 3 Democratic 2 Republican 1
R
Smith, Christopher H.
New Jersey · Sep 12, 1991
 D
Norton, Eleanor Holmes
District of Columbia · Jul 11, 1991
 D
Mfume, Kweisi
Maryland · Mar 13, 1991
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 288: Act for Micro-Enterprise. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-288/
MLA
"H.R. 288: Act for Micro-Enterprise." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-288/.
Bluebook (legal)
H.R. 288, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-288/.
Markdown link
[H.R. 288: Act for Micro-Enterprise](https://openamerica.io/bill/102-HR-288/)
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