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H.R. 3818 · 108th Congress

Microenterprise Results and Accountability Act of 2004

Law · 108-484 · Dec 23, 2004
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Became law without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted.

CSR SmithSponsor
81 cosponsors · 55 D, 25 R, 1 I
SBD Brown BBD Baird CBD Bell NDD Dicks EFD Faleomavaega GGD Green HHR Hyde KHR Harris TLD Lantos DPD Payne JPR Pitts DRR Rohrabacher IRR Ros-Lehtinen BSI Sanders ASD Smith RAD Andrews NLD Lampson JWR Walsh HWD Waxman HBD Berman EBD Blumenauer JDD Davis JAR Ann Davis CED Edwards AHR Houghton JID Inslee BLD Lee JMD McDermott JMD Moran BMD McCollum SRD Rothman ETD Tauscher TUD Udall DBR Bereuter BDD Delahunt LDR Diaz-Balart LDD Doggett SFD Farr BFD Filner PGR Gillmor DHR Hunter GMD Miller GND Napolitano MPR Pence TTR Tancredo DWR Weldon RWD Wexler JGR Greenwood RLD Larsen GMD Meeks DMD Moore JSR Sullivan JCD Carson JDR Dunn RHD Holt LSR Smith CSR Shays JWR Wilson BCD Carson LED Evans MFD Frost JLR Leach FWR Wolf KMD Meek JSR Saxton SDD Davis JHD Hoeffel JMD Matheson DMD Majette LSD Slaughter CBD Brown PDD Deutsch FPD Pallone MSD Sabo JSD Spratt GAD Ackerman DHD Hooley BMD Menendez TDR Davis BFD Frank AHD Hastings

15 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

  1. House Introduced Feb 24, 2004
  2. House Passed Nov 20, 2004
  3. Senate Passed Dec 8, 2004
  4. President To the President Dec 16, 2004
  5. President Signed Dec 23, 2004
  6. Law Dec 23, 2004

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.

What it does: CRS summary · Public Law · Dec 23, 2004

(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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Microenterprise Results and Accountability Act of 2004

Latest action (Dec 23, 2004): Became Public Law No: 108-484.

Policy area: International Affairs · Origin: House · Introduced: Feb 24, 2004

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

  1. House Introduced Feb 24, 2004
  2. House Passed Nov 20, 2004
  3. Senate Passed Dec 8, 2004
  4. President To the President Dec 16, 2004
  5. President Signed Dec 23, 2004
  6. Law Dec 23, 2004

No recorded floor vote found.