Home > 108th Congressional Bills > H.R. 1930 (ih) To adjust the immigration status of certain Liberian nationals who were provided refuge in the United States. [Introduced in House] ...H.R. 1930 (ih) To adjust the immigration status of certain Liberian nationals who were provided refuge in the United States. [Introduced in House] ...
Calendar No. 106<greek-th> x
108th CONGRESS<greek-th> x
1st Session<greek-th> x
H. R. 192<greek-th> x
<greek-th> x __________________________________________________________
IN THE SENATE OF THE UNITED STATES<greek-th> x
May 15, 2003<greek-th> x
Received; read twice and referred to the Committee on Foreign
Relations<greek-th> x <greek-th> x
May 21, 2003<greek-th> x
Reported by Mr. Lugar, without amendment<greek-th> x <greek-th> x
<greek-th> x __________________________________________________________
AN ACT<greek-th> x
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.<greek-th> x <greek-th> x <greek-th> x <greek-th> x <greek-th> x
<greek-th> x <greek-th> x
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled, <greek-th> x
SECTION 1. AMENDMENTS TO THE MICROENTERPRISE FOR SELF-RELIANCE ACT OF
2000.<greek-th> x
(a) Purposes.--Section 103 of the Microenterprise for Self-Reliance
Act of 2000 (Public Law 10609309) is amended--<greek-th> x
(1) in paragraph (3), by striking ``microentrepreneurs''
and inserting ``microenterprise households'';<greek-th> x
(2) in paragraph (4), by striking ``and'' at the
end;<greek-th> x
(3) in paragraph (5)--<greek-th> x
(A) by striking ``microfinance policy'' and
inserting ``microenterprise policy'';<greek-th> x
(B) by striking ``the poorest of the poor'' and
inserting ``the very poor''; and<greek-th> x
(C) by striking the period at the end and inserting
``; and''; and<greek-th> x
(4) by adding at the end the following:<greek-th> x
``(6) to ensure that in the implementation of this title at
least 50 percent of all microenterprise assistance under this
title, and the amendments made under this title, shall be
targeted to the very poor.''.<greek-th> x
(b) Definitions.--Section 104 of such Act is amended--<greek-th> x
(1) in paragraph (2), by striking ``for
microentrepreneurs'' and inserting ``to microentrepreneurs and
their households''; and<greek-th> x
(2) by adding at the end the following:<greek-th> x
``(5) Very poor.--The term `very poor' means individuals--
<greek-th> x
``(A) living in the bottom 50 percent below the
poverty line established by the national government of
the country in which those individuals live; or
<greek-th> x
``(B) living on the equivalent of less than $1 per
day.''.<greek-th> x
SEC. 2. AMENDMENTS TO THE MICRO- AND SMALL ENTERPRISE DEVELOPMENT
CREDITS PROGRAM UNDER THE FOREIGN ASSISTANCE ACT OF
1961.<greek-th> x
(a) Findings and Policy.--Section 108(a)(2) of the Foreign
Assistance Act of 1961 (22 U.S.C. 2151f(a)(2)) is amended by striking
``the development of the enterprises of the poor'' and inserting ``the
access to financial services and the development of
microenterprises''.<greek-th> x
(b) Program.--Section 108(b) of such Act (22 U.S.C. 2151f(b)) is
amended to read as follows:<greek-th> x
``(b) Program.--To carry out the policy set forth in subsection
(a), the President is authorized to provide assistance to increase the
availability of financial services to microenterprise households
lacking full access to credit, including through--<greek-th> x
``(1) loans and guarantees to microfinance institutions for
the purpose of expanding the availability of savings and credit
to poor and low-income households;<greek-th> x
``(2) training programs for microfinance institutions in
order to enable them to better meet the financial services
needs of their clients; and<greek-th> x
``(3) training programs for clients in order to enable them
to make better use of credit, increase their financial
literacy, and to better manage their enterprises to improve
their quality of life.''.<greek-th> x
(c) Eligibility Criteria.--Section 108(c) of such Act (22 U.S.C.
2151f(c)) is amended--<greek-th> x
(1) in the first sentence of the matter preceding paragraph
(1)--<greek-th> x
(A) by striking ``credit institutions'' and
inserting ``microfinance institutions'';
and<greek-th> x
(B) by striking ``micro- and small enterprises''
and inserting ``microenterprise households'';
and<greek-th> x
(2) in paragraphs (1) and (2), by striking ``credit'' each
place it appears and inserting ``financial
services''.<greek-th> x
(d) Additional Requirement.--Section 108(d) of such Act (22 U.S.C.
2151f(d)) is amended by striking ``micro- and small enterprise
programs'' and inserting ``programs for microenterprise
households''.<greek-th> x
(e) Availability of Funds.--Section 108(f)(1) of such Act (22
U.S.C. 2151f(f)(1)) is amended by striking ``for each of fiscal years
2001 and 2002'' and inserting ``for each of fiscal years 2001 through
2004''.<greek-th> x
(f) Conforming Amendment.--Section 108 of such Act (22 U.S.C.
2151f) is amended in the heading to read as follows:<greek-th> x
``SEC. 108. MICROENTERPRISE DEVELOPMENT CREDITS.''.<greek-th> x
SEC. 3. AMENDMENTS TO THE MICROENTERPRISE DEVELOPMENT GRANT ASSISTANCE
PROGRAM UNDER THE FOREIGN ASSISTANCE ACT OF
1961.<greek-th> x
(a) Findings and Policy.--Section 131(a) of the Foreign Assistance
Act of 1961 (22 U.S.C. 2152a(a)) is amended to read as
follows:<greek-th> x
``(a) Findings and Policy.--Congress finds and declares that--
<greek-th> x <greek-th> x <greek-th> x <greek-th> x <greek-th> x <greek-th>
x <greek-th> x <greek-th> x
``(1) access to financial services and the development of
microenterprise are vital factors in the stable growth of
developing countries and in the development of free, open, and
equitable international economic systems;<greek-th> x
``(2) it is therefore in the best interest of the United
States to facilitate access to financial services and assist
the development of microenterprise in developing
countries;<greek-th> x
``(3) access to financial services and the development of
microenterprises can be supported by programs providing credit,
savings, training, technical assistance, business development
services, and other financial and non-financial services;
and<greek-th> x
``(4) given the relatively high percentage of populations
living in rural areas of developing countries, and the combined
high incidence of poverty in rural areas and growing income
inequality between rural and urban markets, microenterprise
programs should target both rural and urban
poor.''.<greek-th> x
(b) Authorization.--Section 131(b) of such Act (22 U.S.C. 2152a(b))
is amended--<greek-th> x
(1) in paragraph (3)(A)(i), by striking ``entrepreneurs''
and inserting ``clients''; and<greek-th> x
(2) in paragraph (4)(D)--<greek-th> x
(A) in clause (i), by striking ``very small loans''
and inserting ``financial services to poor
entrepreneurs''; and<greek-th> x
(B) in clause (ii), by striking ``microfinance''
and inserting ``microenterprise''.<greek-th> x
(c) Monitoring System.--Section 131(c) of such Act (22 U.S.C.
2152a(c)) is amended by striking paragraph (4) and inserting the
following: <greek-th> x
``(4) adopts the widespread use of proven and effective
poverty assessment tools to successfully identify the very poor
and ensure that they receive needed microenterprise loans,
savings, and assistance.''.<greek-th> x
(d) Development and Application of Poverty Measurement Methods.--
Section 131 of such Act (22 U.S.C. 2152a) is amended--<greek-th> x
(1) by redesignating subsections (d) and (e) as subsections
(e) and (f), respectively; and<greek-th> x
(2) by inserting after subsection (c) the
following:<greek-th> x
``(d) Development and Certification of Poverty Measurement Methods;
Application of Methods.--<greek-th> x
``(1) Development and certification.--(A) The Administrator
of the United States Agency for International Development, in
consultation with microenterprise institutions and other
appropriate organizations, shall develop no fewer than two low-
cost methods for partner institutions to use to assess the
poverty levels of their current or prospective clients. The
United States Agency for International Development shall
develop poverty indicators that correlate with the
circumstances of the very poor.<greek-th> x
``(B) The Administrator shall field-test the methods
developed under subparagraph (A). As part of the testing,
institutions and programs may use the methods on a voluntary
basis to demonstrate their ability to reach the very
poor.<greek-th> x
``(C) Not later than October 1, 2004, the Administrator
shall, from among the low-cost poverty measurement methods
developed under subparagraph (A), certify no fewer than two
such methods as approved methods for measuring the poverty
levels of current or prospective clients of microenterprise
institutions for purposes of assistance under this
section.<greek-th> x
``(2) Application.--The Administrator shall require that,
with reasonable exceptions, all organizations applying for
microenterprise assistance under this Act use one of the
certified methods, beginning no later than October 1, 2005, to
determine and report the poverty levels of current or
prospective clients.''.<greek-th> x
(e) Level of Assistance.--Section 131(e) of such Act, as
redesignated by subsection (d), is amended by inserting ``and
$175,000,000 for fiscal year 2003 and $200,000,000 for fiscal year
2004'' after ``fiscal years 2001 and 2002''.<greek-th> x
(f) Definitions.--Section 131(f) of such Act, as redesignated by
subsection (d), is amended by adding at the end the following:
<greek-th> x
``(5) Very poor.--The term `very poor' means those
individuals--<greek-th> x
``(A) living in the bottom 50 percent below the
poverty line established by the national government of
the country in which those individuals live; or
``(B) living on less than the equivalent of $1 per
day.''.<greek-th> x
SEC. 4. REPORT TO CONGRESS.<greek-th> x
(a) In General.--Not later than September 30, 2005, the
Administrator of the United States Agency for International Development
shall submit to Congress a report that documents the process of
developing and applying poverty assessment procedures with its
partners. <greek-th> x
(b) Reports for Fiscal Year 2006 and Beyond.--Beginning with fiscal
year 2006, the Administrator of the United States Agency for
International Development shall annually submit to Congress on a timely
basis a report that addresses the United States Agency for
International Development's compliance with the Microenterprise for
Self-Reliance Act of 2000 by documenting--<greek-th> x
(1) the percentage of its resources that were allocated to
the very poor (as defined in paragraph (5) of section 131(f) of
the Foreign Assistance Act of 1961 (22 U.S.C. 2152a(f)(5)))
based on the data collected from its partners using the
certified methods; and<greek-th> x
(2) the absolute number of the very poor
reached.<greek-th> x <greek-th> x <greek-th> x <greek-th> x <greek-th>
x <greek-th> x
Passed the House of Representatives May 14,
2003.<greek-th> x
Attest:<greek-th> x <greek-th> x <greek-th> x
JEFF TRANDAHL,<greek-th> x
Clerk.<greek-th> x
By Martha C. Morrison,<greek-th> x
Deputy
Clerk.<greek-th> x <greek-th> x <greek-th> x <greek-th> x <greek-th> x <greek-th>
x
<greek-th> x
<greek-th> x
Calendar No. 106<greek-th> x
108th CONGRESS<greek-th> x
1st Session<greek-th> x
H. R. 192<greek-th> x <greek-th> x
<greek-th> x __________________________________________________________
AN ACT<greek-th> x
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.<greek-th> x <greek-th> x
<greek-th> x __________________________________________________________
May 21, 2003<greek-th> x
Reported without
amendment<greek-th> x <greek-th> x <greek-th> x <greek-th> x
Pages: 1 Other Popular 108th Congressional Bills Documents:
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