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Microenterprise Empowerment and Job Creation Act of 2011

Introduced: July 13, 2011 Introduced by: Smith, Christopher H. Republican · New Jersey See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 13, 2011

Referred to the House Committee on Foreign Affairs.

Jul 13, 2011

Introduced in House

Plain-English summary Congressional Research Service

Microenterprise Empowerment and Job Creation Act of 2011 - Amends the Foreign Assistance Act of 1961 to authorize appropriations through FY2016 for: (1) assistance for programs in developing countries to increase the availability of credit, savings, and other services to microfinance and microenterprise clients lacking full access to capital, training, technical assistance, and business development services; and (2) microenterprise development credits.

Expands targeted assistance services for such microfinance and microenterprise clients.

Reduces the annual fiscal year amount available for the office of microenterprise development's central funding program.

Revises targeted assistance requirements for sustainable poverty-focused programs.

Sets forth microfinance programs procurement policies.

What's happening now July 13, 2011

Referred to the House Committee on Foreign Affairs.

Committees of jurisdiction 1