H.R.2524 - Microenterprise Empowerment and Job Creation Act of 2011112th Congress (2011-2012)
|Sponsor:||Rep. Smith, Christopher H. [R-NJ-4] (Introduced 07/13/2011)|
|Committees:||House - Foreign Affairs|
|Latest Action:||07/13/2011 Referred to the House Committee on Foreign Affairs. (All Actions)|
This bill has the status Introduced
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Summary: H.R.2524 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (07/13/2011)
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.