Act for Micro-Enterprise - Amends the Social Security Act to exclude from income for purposes of the Aid to Families with Dependent Children (AFDC) and Supplemental Security Income (SSI) programs business assets received primarily for micro-enterprise business purposes.

Extends public assistance benefits (including AFDC, SSI, Medicaid, and Medicare) for persons with income from or resources in a micro-enterprise (any commercial enterprise with five or fewer employees, one or more of whom own the enterprise).

Amends the Internal Revenue Code to make eligible for unemployment compensation an individual who starts a micro-enterprise.

Amends the Housing and Community Development Act of 1974 to make financial assistance available under the Community Development Block Grant and Urban Development Action Grant programs to lending institutions and public and private organizations to provide loans, counseling, and training for micro-enterprises.

Amends the Small Business Act to urge that when implementing business loan programs the Administrator of the Small Business Administration consider the needs of micro-enterprises, and the institutions which offer them credit or services.

Amends the Home Owners' Loan Act to treat savings association loans to micro-enterprises as qualified thrift investments.

Mandates that each Federal banking agency establish a Micro-Enteprise Technical and Operations Office (Me-Too) to promote micro-enterprises through technical assistance, outreach, and training.