H.R. 4935
119th CONGRESS 1st Session
To amend the Consolidated Farm and Rural Development Act to extend and enhance the Rural Microentrepreneur Assistance Program, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES · August 8, 2025 · Sponsor: Mr. Nunn of Iowa · Committee: Committee on Agriculture
Table of contents
SEC. 1. Short title
- This Act may be cited as the Rural Microentrepreneur Assistance Program Act of 2025.
SEC. 2. Increase in funding for the Rural Microentrepreneur Assistance Program
- Section 379E of the Consolidated Farm and Rural Development Act () is amended— 7 U.S.C. 2008s
- in subsection (a)(4), by striking
$50,000and inserting$75,000; - in subsection (c)(1)(A), by striking
75 percentand inserting100 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 - in subsection (d), by striking
2019 through 2023and inserting2026 through 2030.
- in subsection (a)(4), by striking