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Microenterprise and Asset Development Act

Introduced: January 6, 1993 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 25, 1993
Referred to the Subcommittee on Human Resources.
Jan 6, 1993
Referred to the House Committee on Ways and Means.
Jan 6, 1993
Introduced in House
 Plain-English summary Congressional Research Service

Microenterprise and Asset Development Act - Amends part A (Aid to Families with Dependent Children) (AFDC) of title IV of the Social Security Act (SSA) to exclude from AFDC eligibility determinations certain income and resources that are to be used for education, training, and employability purposes.

Requires the Secretary of Health and Human Services to report to the Congress on a revision of the AFDC limit on automobiles in order to increase the employability of AFDC recipients.

Provides for State agency exclusion from AFDC eligibility determinations of certain resources related to microenterprise initiatives by AFDC recipients towards self-sufficiency.

Requires State agencies to ensure that caseworkers advise AFDC recipients of the option for microenterprises.

Provides for the inclusion of microenterprise training and activities in the JOBS program under SSA title IV part F (Job Opportunities and Basic Skills Training Program).

What's happening now January 25, 1993

Referred to the Subcommittee on Human Resources.

 Committees of jurisdiction 2