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Microenterprise Results and Accountability Act of 2004

Introduced: February 24, 2004 Introduced by: Smith, Christopher H. Republican · New Jersey See on congress.gov

Everywhere this bill has been 18 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 23, 2004

Became Public Law No: 108-484.

Dec 23, 2004

Signed by President.

Dec 16, 2004

Presented to President.

Dec 9, 2004

Message on Senate action sent to the House.

Dec 8, 2004

Passed Senate without amendment by Unanimous Consent. (consideration: CR S12018)

Dec 8, 2004

Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S12018)

Nov 20, 2004

Motion to reconsider laid on the table Agreed to without objection.

Nov 20, 2004

Received in the Senate, read twice.

Nov 20, 2004

On passage Passed without objection.

Nov 20, 2004

Passed/agreed to in House: On passage Passed without objection.

Nov 20, 2004

Considered by unanimous consent. (consideration: CR H10211-10217; text of measure as reported in House: CR H10211-10214)

Nov 20, 2004

Mr. Smith (NJ) asked unanimous consent to discharge the Committee of the Whole House on the state of the Union and consider.

Apr 2, 2004

Reported (Amended) by the Committee on International Relations. H. Rept. 108-459.

Apr 2, 2004

Placed on the Union Calendar, Calendar No. 262.

Feb 25, 2004

Ordered to be Reported (Amended) by Voice Vote.

Feb 25, 2004

Committee Consideration and Mark-up Session Held.

Feb 24, 2004

Introduced in House

Feb 24, 2004

Referred to the House Committee on International Relations.

Plain-English summary Congressional Research Service

(This measure has not been amended since it was passed by the House on November 20, 2004. The summary of that version is repeated here.)

Microenterprise Results and Accountability Act of 2004 - (Sec. 3) Amends the Foreign Assistance Act of 1961 to repeal existing microenterprise development grant authority and reestablish and revise it as a separate title, title VI - Microenterprise Development Assistance.

Authorizes microenterprise development grant assistance in developing countries for: (1) expanding credit, savings, and other financial services; (2) training, technical assistance, and business development services; (3) capacity-building; and (4) policy and regulatory programs at the country level that improve the environment for microenterprise institutions serving the poor and very poor.

Establishes the Office of Microenterprise Development within the United States Agency for International Development (USAID), to be headed by a Director capable in both microenterprise development leadership and technical expertise. Requires assistance to emphasize the use of implementing partner organizations meeting high standards of efficiency, cost-effectiveness, and sustainability and that especially provide the greatest possible resources to the poor and very poor. Requires the Office, in order to ensure that grant assistance is distributed effectively and efficiently, to also seek to implement a program of central funding under which assistance is administered directly by the Office.

Targets 50 percent of microenterprise assistance for very poor clients (individuals living in the bottom 50 percent below a country's poverty level).

Requires the assistance monitoring system to meet certain performance standards.

Directs USAID, by April 1, 2005, to develop and certify for use at least two poverty measurement methods for partner organization use, which shall be used by such organizations no later than October 1, 2006.

(Sec. 4) Transfers to this title authority for the: (1) microenterprise and small enterprise development credit program; and (2) United States Microfinance Loan Facility.

(Sec. 6) Directs the Administrator to report annually on implementation of this title.

Defines specified terms.

What's happening now December 23, 2004

Became Public Law No: 108-484.

Committees of jurisdiction 1