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HR 192 108th Congress House International Affairs Business education Commerce Congress Congress and foreign policy Congressional reporting requirements Developing countries Economic assistance Economics and Public Finance Employee training Entrepreneurs Federally-guaranteed loans Finance and Financial Sector Financial services Foreign Trade and International Finance Foreign loans Free enterprise Labor and Employment Loans Poverty

To amend the Microenterprise for Self-Reliance Act of 2000 and the Foreign Assistance Act of 1961 to increase assistance for the poorest people in developing countries under microenterprise assistance programs under those Acts, and for other purposes.

Introduced: January 7, 2003 Introduced by: Smith, Christopher H. Republican · New Jersey See on congress.gov
 Everywhere this bill has been 20 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 17, 2003
Signed by President.
Jun 17, 2003
Became Public Law No: 108-31.
Jun 6, 2003
Presented to President.
May 23, 2003
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S7173)
May 23, 2003
Message on Senate action sent to the House.
May 23, 2003
Passed Senate without amendment by Unanimous Consent. (consideration: CR S7173)
May 21, 2003
Committee on Foreign Relations. Reported by Senator Lugar without amendment. Without written report.
May 21, 2003
Committee on Foreign Relations. Ordered to be reported without amendment favorably.
May 21, 2003
Placed on Senate Legislative Calendar under General Orders. Calendar No. 106.
May 15, 2003
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
May 14, 2003
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4032-4033)
May 14, 2003
DEBATE - The House proceeded with forty minutes of debate on H.R. 192.
May 14, 2003
Considered under suspension of the rules. (consideration: CR H4032-4035)
May 14, 2003
Mr. Smith (NJ) moved to suspend the rules and pass the bill.
May 14, 2003
Motion to reconsider laid on the table Agreed to without objection.
May 14, 2003
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H4032-4033)
Mar 5, 2003
Committee Agreed to Seek Consideration Under Suspension of the Rules, by Voice Vote.
Mar 5, 2003
Committee Consideration and Mark-up Session Held.
Jan 7, 2003
Introduced in House
Jan 7, 2003
Referred to the House Committee on International Relations.
 Plain-English summary Congressional Research Service
Amends the Microenterprise for Self-Reliance Act of 2000 to make as one of its purposes that in implementation of this Act at least 50 percent of all microenterprise assistance be targeted to the very poor, that is, those persons living either in the bottom 50 percent below the poverty line or on less than the equivalent of one dollar per day.

Amends the Foreign Assistance Act of 1964 to authorize the President to provide assistance to increase the availability of financial services (not just credit) to microenterprise households lacking full access to credit, including through: (1) loans and guarantees to microfinance institutions to expand the availability of savings and credit to poor and low-income households; (2) training programs to enable such institutions to better meet the financial services needs of their clients; and (3) training programs to enable clients to make better use of credit, increase their financial literacy, and to better manage their enterprises to improve their quality of life.

Declares that, in order to maximize the sustainable development impact of microenterprise development grant assistance authorized under the Act, the Administrator of the agency primarily responsible for administering such assistance shall establish a monitoring system that, among other things, adopts the widespread use of proven and effective poverty assessment tools to identify the poorest of the poor and ensure that they receive needed microenterprise credits, loans, and assistance. Requires the Administrator of the Agency for International Development to develop and certify no fewer than two low-cost methods for measuring the poverty levels of the current or prospective clients of microenterprise organizations for purposes of the provision of microenterprise development grant assistance.

What's happening now June 17, 2003

Became Public Law No: 108-31.

 Committees of jurisdiction 2