PlainBillCongress, translated.Legislation. Context. Public interest.

Microenterprise for Self-Reliance Act of 2000

Placed on Senate Legislative Calendar under General Orders. Calendar No. 670.

Official summary

Version 00 · Introduced in Senate · Jul 11, 2000

Microenterprise for Self-Reliance Act of 2000 - Amends the Foreign Assistance Act of 1961 to set forth congressional findings and policy, including that: (1) the development of microenterprise (including micro- and small enterprises) is a vital factor in the growth of developing countries and in the development of free, open, and equitable international economic systems; (2) it is in the best interest of the United States to assist the development of microenterprises and of enterprises of the poor in developing countries; and (3) the support of microenterprise can be served by programs that provide credit, savings, training, technical assistance, and business development services.Authorizes the President to provide grants and other assistance for programs to increase the availability of credit and other services to microenterprises (including micro- and small enterprises) lacking full access to capital training, technical assistance, and business development services through: (1) grants to microfinance institutions; (2) loans and guarantees to credit institutions (with a limit of $30 million per borrower); (3) grants to microenterprise institutions for training, technical assistance, and business development services; and (4) policy and regulatory programs at the country level.Directs the Administrator of the U.S. Agency for International Development (AID) to establish: (1) a monitoring system that provides, among other things, for performance goals for microenterprise development grant assistance; (2) eligibility criteria for determining which entities shall carry out activities receiving credit assistance; and (3) a U.S. Microfinance Loan Facility to prevent the bankruptcy of microfinance institutions caused by natural disasters, war or civil conflict, national financial crisis, or other short-term financial movements that threaten the long-term development of such institutions. Authorizes appropriations.Directs the President to report to the appropriate congressional committees on the most cost-effective methods and measurements for increasing the access of poor people overseas to credit, other financial services, and related training.Expresses the sense of the Congress that: (1) the administrator of AID and the Secretary of State should seek to support and strengthen the effectiveness of microfinance activities in United Nations (UN) agencies, such as the International Fund for Agricultural Development and the UN Development Program, which have provided key leadership in developing the microenterprise sector; and (2) the Secretary of the Treasury should instruct each U.S. Executive Director of the multilateral development banks to advocate the development of a coherent and coordinated strategy to support the microenterprise sector, including an increase of multilateral resource flows for building microenterprise retail and wholesale intermediaries.

Read the summary on Congress.gov
PlainBill analysis is coming later. This page presents official source data. We have not yet published a PlainBill explanation for this bill.

Who introduced it

Sen. Helms, Jesse [R-NC] · R–NC

Committees

  • Foreign Relations Committee
0 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Placed on Senate Legislative Calendar under General Orders. Calendar No. 670.

    2. Committee on Foreign Relations. Original measure reported to Senate by Senator Helms. With written report No. 106-335.

    3. Committee on Foreign Relations. Original measure reported to Senate by Senator Helms. With written report No. 106-335.

    4. Introduced in Senate

    5. Committee on Foreign Relations ordered to be reported an original measure.

    Bill text & related measures

    Text links open the official source. We currently store references to these documents.

    Related bills identified by Congress.gov

    Source last updated: Aug 20, 2025. Consult Congress.gov for the current record.

    Explore the bill from different angles

    Choose a perspective, copy a prompt, and paste it into your preferred AI. Each prompt includes the bill version and available official source links, and asks for counterarguments as well as supporting evidence.

    Neutral evidence review

    Objective

    Analyze S.2844 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

    View full prompt & sources
    Fairness and public impact

    Progressive lens

    Examine S.2844 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

    View full prompt & sources
    Institutions and government scope

    Conservative lens

    Examine S.2844 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

    View full prompt & sources
    Individual rights and government power

    Liberty lens

    Examine S.2844 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

    View full prompt & sources