119th Congress Agriculture and Food
H.R. 4935: Rural Microentrepreneur Assistance Program Act of 2025
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- John Mannion D-NYOriginal
- Eugene Vindman D-VA
- Kristen McDonald Rivet D-MI
- Donald Davis D-NC
Who scored on this bill
- 1Zachary (Zach) Nunn SponsorDrew cross-party cosponsors, introduced2 events+6
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Other bills by Zachary (Zach) Nunn
History
- Introduced in the House by Zachary (Zach) Nunn.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Agriculture.