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Rural Microentrepreneur Assistance Program Act of 2025

Bill Number
H.R. 4935
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Agriculture and Food
Status
Introduced
Latest Action
2025-08-08: Referred to the House Committee on Agriculture.
Last Updated
2026-06-10T08:08:37Z

AI-Generated Summary

Purpose

The Rural Microentrepreneur Assistance Program Act of 2025 aims to extend and strengthen the Rural Microentrepreneur Assistance Program (RMAP), a federal initiative under the U.S. Department of Agriculture (USDA) that supports small business development in rural areas by providing grants to microlenders (organizations that offer small loans and training to entrepreneurs) and direct technical assistance to microentrepreneurs (very small business owners).

Key Provisions

Significant Changes to Existing Law

This bill amends Section 379E of the Consolidated Farm and Rural Development Act (7 U.S.C. 2008s), which established RMAP. The changes expand financial flexibility by increasing grant caps, allowing full federal matching for projects, introducing new allowable uses for loans (real estate improvements), and prolonging the program's lifespan by five years. These modifications address prior limitations on funding and project scope, making the program more accessible and robust for rural economic initiatives.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Nunn, Zachary [R-IA-3]

Cosponsors (4)

Rep. Mannion, John W. [D-NY-22], Rep. Vindman, Eugene Simon [D-VA-7], Rep. McDonald Rivet, Kristen [D-MI-8], Rep. Davis, Donald G. [D-NC-1]

Recent Actions

Bill Versions