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Requires the Small Business Administration, the Appalachian Regional Commission, and the Delta Regional Authority to sign a memorandum of understanding within 120 days to expand rural entrepreneurship and coordinate small business support in the Appalachian and Delta regions. The agencies must coordinate activities (including covered small businesses), may use reimbursable agreements and other federal partners, and must send a joint report to Congress within two years describing actions taken and future plans. Key terms (covered small business concern, Appalachian Regional Commission, Delta region, Delta Regional Authority) are defined in the text.
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced April 8, 2025 by Julia Letlow · Last progress April 8, 2025