HR 413 106th Congress House Commerce Administrative procedure Business education Community Development Financial Institutions Fund Community development banking Congress Congressional reporting requirements Economics and Public Finance Entrepreneurs Government Operations and Politics Government and business Government corporations Grants-in-aid Housing and Community Development Indian economic development Law Minorities Minority business enterprises Nonprofit organizations Pluralism (Social sciences)

PRIME Act

Introduced: January 19, 1999 See on congress.gov

Everywhere this bill has been 13 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 2, 1999

Placed on the Union Calendar, Calendar No. 126.

Jul 2, 1999

Reported (Amended) by the Committee on Small Business. H. Rept. 106-184, Part II.

Jun 24, 1999

Ordered to be Reported (Amended) by Voice Vote.

Jun 24, 1999

Committee Consideration and Mark-up Session Held.

Jun 14, 1999

Referred sequentially to the House Committee on Small Business for a period ending not later than July 2, 1999 for consideration of such provisions of the bill as fall within the jurisdiction of that committee pursuant to clause 1(o), rule X.

Jun 14, 1999

Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 106-184, Part I.

May 26, 1999

Ordered to be Reported by Voice Vote.

May 26, 1999

Committee Consideration and Mark-up Session Held.

May 26, 1999

Committee Hearings Held.

May 26, 1999

Subcommittee on Financial Institutions and Consumer Credit Discharged.

Feb 12, 1999

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Jan 19, 1999

Referred to the House Committee on Banking and Financial Services.

Jan 19, 1999

Introduced in House

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Plain-English summary Congressional Research Service

Amends the Riegle Community Development and Regulatory Improvement Act of 1994 to add to title I a new subtitle C, which may be cited as the Program for Investment in Microentrepreneurs Act of 1999. Directs the Administrator of the Community Development Financial Institutions Fund (Administrator) to establish a microenterprise technical assistance and capacity building program to provide Fund grants to qualified nonprofit organizations to: (1) provide training and technical assistance to disadvantaged entrepreneurs; (2) provide training and capacity building services to help microenterprise development organizations and programs develop microenterprise training and services; and (3) aid in researching and developing the best practices in the field of microenterprise and technical assistance programs for disadvantaged entrepreneurs. Sets forth an allocation formula for such assistance and for grants benefitting very low-income persons, including those residing on Indian reservations.

Authorizes a qualified organization to provide subgrants to small and emerging microenterprise entities. Mandates matching funds from non-Federal sources.

Authorizes appropriations.

What's happening now July 2, 1999

Placed on the Union Calendar, Calendar No. 126.

Bill text 2 versions