Plain English
GovGreed Synthesis ·
Rural Microentrepreneur Assistance Act of 2025 This bill reauthorizes through FY2030 and revises the Rural Microentrepreneur Assistance Program (RMAP). This Department of Agriculture program provides loans and grants to eligible microenterprise development organizations to (1) capitalize revolving loan funds that provide loans to qualified rural microenterprises (i.e., sole proprietorships located in rural areas or business entities with not more than 10 full-time employees located in a rural area), and (2) provide related training and technical assistance. The bill increases the amount a rural microenterprise may borrow to up to $75,000 (from up to $50,000). The bill also increases the maximum allowable federal cost share to 100% (from 75%). The bill further specifies that a RMAP project loan may not be used to cover more than 50% of any demolition, construction, or related costs of real estate improvements.
Market Impact Map
Action Timeline
2025-08-08
Referred to the House Committee on Agriculture.
2025-08-08
Introduced in House
2025-08-08
Introduced in House
Full Bill Text
119 HR 4935 IH: Rural Microentrepreneur Assistance Program Act of 2025 U.S. House of Representatives 2025-08-08 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 4935 IN THE HOUSE OF REPRESENTATIVES August 8, 2025 Mr. Nunn of Iowa (for himself and Mr. Mannion ) introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Consolidated Farm and Rural Development Act to extend and enhance the Rural Microentrepreneur Assistance Program, and for other purposes. 1. Short title This Act may be cited as the Rural Microentrepreneur Assistance Program Act of 2025 . 2. Increase in funding for the Rural Microentrepreneur Assistance Program Section 379E of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 2008s ) is amended— (1) in subsection (a)(4), by striking $50,000 and inserting $75,000 ; (2) in subsection (c)(1)(A), by striking 75 percent and inserting 100 percent, and a loan under this section for a project may be used to cover not more than 50 percent of any demolition, construction, or related costs of real estate improvements under the project ; and (3) in subsection (d), by striking 2019 through 2023 and inserting 2026 through 2030 .
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