text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Promoting Self-Reliance for the 
  World's Poorest Act of 2002''.
  
  SEC. 2. REAUTHORIZATION OF MICROENTERPRISE ASSISTANCE PROGRAMS.
  
      (a) Micro- and Small Enterprise Development Credits.--Section 
  108(f)(1) of the Foreign Assistance Act of 1961 (22 U.S.C. 2151f(f)(1)) 
  is amended by inserting ``and $2,000,000 for each of the fiscal years 
  2003 through 2006'' after ``$1,500,000 for each of fiscal years 2001 
  and 2002''.
      (b) Microenterprise Development Grant Assistance.--Section 131(d) 
  of the Foreign Assistance Act of 1961 (22 U.S.C. 2152a(d)) is amended 
  by inserting ``and $200,000,000 for each of the fiscal years 2003 
  through 2006'' after ``$155,000,000 for each of the fiscal years 2001 
  and 2002''.
  
  SEC. 3. POVERTY MEASUREMENT METHODS UNDER MICROENTERPRISE ASSISTANCE 
                PROGRAMS.
  
      (a) In General.--Section 131(b) of the Foreign Assistance Act of 
  1961 (22 U.S.C. 2152a(b)) is amended--
              (1) in paragraph (3)--
                      (A) in the matter preceding subparagraph (A)--
                              (i) by striking ``targeted to very poor 
                          entrepreneurs'' in the first sentence and 
                          inserting ``obligated and expended in support 
                          of programs or services under which 50 percent 
                          or more of the clients are initially very 
                          poor''; and
                              (ii) by adding at the end of the first 
                          sentence before the period the following: ``or 
                          as those living on the equivalent of less than 
                          $1 per day (as determined by the World Bank)''; 
                          and
                      (B) in subparagraph (A)(i), by striking 
                  ``entrepreneurs'' and inserting ``clients''; and
              (2) by adding at the end the following:
              ``(6) Poverty measurement methods.--(A) The Administrator 
          of the United States Agency for International Development 
          shall, in consultation with appropriate microfinance and 
          microenterprise institutions, develop methods to measure the 
          level of poverty of clients of sustainable poverty-focused 
          microenterpise programs under paragraph (1).
              ``(B) In developing poverty measurement methods under 
          subparagraph (A), the Administrator shall--
                      ``(i) utilize cost-efficient sampling methods as 
                  opposed to full census methods, using criteria that 
                  correlate with characteristics of either those 
                  individuals living in the bottom 50 percent below the 
                  official poverty line (as established by the national 
                  government of the country) or those individuals living 
                  on less than $1 per day (as determined by the World 
                  Bank), including criteria such as the availability of 
                  the basic necessities of life (including nutritious 
                  food, climate-appropriate clothing and shelter, and 
                  clean water);
                      ``(ii) utilize cost-efficient sampling methods that 
                  are appropriate for application by microfinance and 
                  microenterprise institutions on an annual basis; and
                      ``(iii) give priority to methods already in use by 
                  practitioner institutions that meet the criteria in 
                  clauses (i) and (ii), including measures of loan size.
              ``(C) The Administrator--
                      ``(i) shall implement interim poverty measurement 
                  methods in accordance with this paragraph--
                              ``(I) with respect to not less than 25 
                          sustainable poverty-focused programs by 
                          September 30, 2002; and
                              ``(II) with respect to not less than 40 
                          sustainable poverty-focused programs by 
                          September 30, 2003; and
                      ``(ii) shall implement final poverty measurement 
                  methods in accordance with this paragraph not later 
                  than September 30, 2004.
              ``(D) In carrying out subparagraph (C)(i), the 
          Administrator shall ensure that the programs described in such 
          subparagraph are equitably distributed among the various 
          countries and regions of the world.
              ``(E) As of October 1, 2004, grant assistance to a program 
          or service under this subsection shall qualify in whole or in 
          part as targeted assistance to the very poor under paragraph 
          (3) if one of the approved final measurement methods verifies 
          that at least 50 percent of the clients of the program or 
          service are among the very poor as described in paragraph 
          (3).''.
      (b) Report.--Not later than July 1, 2004, the Administrator of the 
  United States Agency for International Development shall submit to 
  Congress a report that contains--
              (1)(A) a description of the interim poverty measurement 
          methods implemented in accordance with section 131(b)(6)(C)(i) 
          of the Foreign Assistance Act of 1961, as added by subsection 
          (a); and
              (B) an analysis of the results of the application of such 
          poverty measurement methods to sustainable poverty-focused 
          programs under such section; and
              (2) a description of the proposed final poverty measurement 
          methods to be implemented not later than September 30, 2004, in 
          accordance with section 131(b)(6)(C)(ii) of such Act.
target: Promoting Self-Reliance for the World's Poorest Act of 2002 - Amends the Foreign Assistance Act of 1961 to reauthorize sustainable poverty-focused microenterprise assistance programs through micro- and small enterprise development credits and microenterprise development grants for developing countries.Revises certain requirements with respect to such programs to require 50 percent of all microenterprise resources to be obligated and expended in support of programs or services under which 50 percent or more of the clients are initially very poor, that is, those persons living in the bottom 50 percent below the poverty line or those living on the equivalent of less than $1 per day. Requires the Administrator of the United States Agency for International Development (AID) to develop and implement certain interim methods to measure the level of poverty of clients of sustainable poverty-focused microenterprise programs under the Act.
feat_title: To amend the Foreign Assistance Act of 1961 to reauthorize microenterprise assistance programs under that Act and to expand sustainable poverty-focused microenterprise programs under that Act by implementing improved poverty measurement methods under those programs.