3.0.0 3027 2023-01-14T22:48:29Z 2023-01-14T22:48:29Z Senate S S 2004-11-20 108 Microenterprise Results and Accountability Act of 2004 108 3818 HR 2004-12-23 Became Public Law No: 108-484. Related bill House 2004-11-24 Senate Message on Senate action sent to the House. Floor 2004-11-24 15:40:44 Held at the desk. Floor H15000 2 House floor actions 2004-11-24 14:03:35 Received in the House. Floor H14000 2 House floor actions 2004-11-21 Senate Passed Senate without amendment by Unanimous Consent. (consideration: CR 11/20/2004 S11836-11839; text as passed Senate: CR 11/20/2004 S11836-11839) Floor 2004-11-21 Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR 11/20/2004 S11836-11839; text as passed Senate: CR 11/20/2004 S11836-11839) Floor 17000 9 Library of Congress 2004-11-20 Senate Introduced in the Senate, read twice. IntroReferral 2004-11-20 Introduced in Senate IntroReferral 10000 9 Library of Congress D000294 Sen. DeWine, Mike [R-OH] MICHAEL DEWINE R OH N S000064 Sen. Sarbanes, Paul S. [D-MD] PAUL SARBANES D MD SPYROS 2004-11-20 True M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2004-11-20 True S001142 Sen. Smith, Gordon H. [R-OR] GORDON SMITH R OR H. 2004-11-20 True C001041 Sen. Clinton, Hillary Rodham [D-NY] HILLARY CLINTON D NY R 2004-11-20 True A000121 Sen. Allen, George [R-VA] GEORGE ALLEN R VA F. 2004-11-20 True C001042 Sen. Corzine, Jon S. [D-NJ] JON CORZINE D NJ S. 2004-11-20 True H001028 Sen. Hagel, Chuck [R-NE] CHUCK HAGEL R NE 2004-11-20 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2004-11-20 True H.R.3818 https://www.congress.gov/bill/108th-congress/house-bill/3818 International Affairs Business education Charities Civil Rights and Liberties, Minority Issues Commerce Congress Congress and foreign policy Congressional reporting requirements Cooperative societies Credit Credit unions Crime and Law Enforcement Crimes against women Developing countries Development credit institutions Economic assistance Economic development Economics and Public Finance Electronic government information Entrepreneurs Executive reorganization Federally-guaranteed loans Finance and Financial Sector Financial services Foreign Trade and International Finance Foreign banks and banking Foreign loans Government Operations and Politics Government publicity Human rights Loans Nongovernmental organizations Nonprofit organizations Performance measurement Poverty Prostitution Public Lands and Natural Resources Public-private partnerships Saving and investment Science, Technology, Communications Slavery Small business Social Welfare Sustainable development U.S. Agency for International Development Victims of crimes Women Women in business International Affairs 00 2004-11-20 Introduced in Senate 2004-12-08T20:04:50Z Microenterprise Results and Accountability Act of 2004 - 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, which shall be administered by an Office of Microenterprise Development (established by this Act) within the United States Agency for International Development (USAID).

]]> 82 2004-11-21 Passed Senate without amendment 2004-12-29T20:11:51Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

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), which shall provide assistance through: (1) partner organizations (obligates minimum fiscal year funding for such programs); and (2) direct central funding, including assistance to microenterprise and microfinance networks.

Targets 50 percent of microenterprise assistance for very poor clients, with required use of such funds through September 30, 2006, for: (1) financial and credit services to very poor clients; and (2) demand-driven business development programs to clients holding poverty loans.

Directs the Office to establish an assistance monitoring system which shall provide for: (1) performance goals and indicators; and (2) poverty assessment tools.

Directs the Office 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.

Authorizes microenterprise development funds under any provision of law to be used to further the purposes of this title.

(Sec. 4) Transfers to this title authority for the microenterprise and small enterprise development credit program. Authorizes microenterprise development appropriations through FY 2009.

(Sec. 5) Transfers to this title authority for the United States Microfinance Loan Facility. Authorizes Facility appropriations through FY 2009.

(Sec. 6) Directs the Administrator of USAID, acting through the Office, to report annually on implementation of this title.

Defines specified terms.

(Sec. 7) Expresses the sense of Congress that the Administrator, with respect to microenterprise assistance, should: (1) seek non-U.S. Government matching funds; (2) ensure that recipient administrative expenses are reasonable; (3) not use recipients to carry out critical USAID management functions; and (4) consult with the appropriate congressional committees.

]]> Microenterprise Results and Accountability Act of 2004 Display Title Microenterprise Results and Accountability Act of 2004 Short Titles as Introduced Microenterprise Results and Accountability Act of 2004 Short Titles as Passed Senate Microenterprise Results and Accountability Act of 2004 S Senate Official Title as Introduced A bill to amend the Foreign Assistance Act of 1961 to improve the results and accountability of microenterprise development assistance programs, and for other purposes. Considered and Passed Senate 2004-11-21T05:00:00Z Engrossed in Senate 2004-11-21T05:00:00Z 2004-11-24 Message on Senate action sent to the House. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.