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S 2691 · in committee · niche

Rural Microentrepreneur Assistance Act of 2025

What this bill does

  • This bill extends federal funding for the Rural Microentrepreneur Assistance Program through 2030 and increases loan limits.
  • Small business owners and nonprofits in rural areas that help microenterprises are affected.
  • The federal government increases maximum loan amounts to $75,000 and raises its cost-share to 100% of program costs.

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Community Threads

Started by Cosponsor

  1. 01

    How would raising the federal government's cost-share to 100% affect the sustainability and local accountability of rural microenterprise programs?

  2. 02

    Which rural communities currently lack access to microenterprise funding, and would a $75,000 loan limit adequately address their specific business needs?

  3. 03

    What evidence exists that increased loan limits lead to higher success rates for microenterprises compared to alternative rural economic development investments?

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Sponsor · R-NE

Pete Ricketts

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Senators cosponsoring

Introduced 2025-09-03

Joining the bill

Legislative timeline

  1. 2025-09-03 · senate · IntroReferral

    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

  2. 2025-09-03 · IntroReferral

    Introduced in Senate

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