Bills · HR 4935
IN COMMITTEE· 119TH CONGRESS
House BillHR 4935Agriculture and Food
Rural Microentrepreneur Assistance Program Act of 2025
INTRO AUG 8· LAST ACTION AUG 8
READING
1MIN
COSPONSORS
4
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it directly impacts the ability of small businesses in rural communities to grow and thrive. If passed, it would provide more financial fuel for entrepreneurs in areas that often struggle with access to traditional financing, potentially leading to job creation and economic development in rural America. Raising the loan limit means bigger projects can be undertaken, and a 100% government guarantee could entice more lenders to participate in the program, making it easier for rural microentrepreneurs to secure necessary capital.
Without this bill, the program would eventually expire after 2023 (as the original text states), leaving rural microentrepreneurs with fewer options for financial assistance, and the current, lower loan limits and guarantee percentages would remain in place. This bill ensures the program's continuation and strengthens its ability to support economic activity in rural regions.
KEY PROVISIONS
4AI-extractedPROVISION 01
Increases the maximum loan amount under the Rural Microentrepreneur Assistance Program from $50,000 to $75,000.
This allows rural small businesses to access significantly more capital to start or expand their operations.
PROVISION 02
Changes the government's loan guarantee from 75% to 100% for loans made under the program.
This reduces the risk for lenders, potentially encouraging more financial institutions to participate in the program and make loans available.
PROVISION 03
Adds a restriction that loans can cover no more than 50% of demolition, construction, or real estate improvement costs.
This aims to ensure that the loans are primarily used for business operations rather than extensive property development.
PROVISION 04
Extends the program's authorization to operate from 2026 through 2030.
This ensures the continuation of the program, providing long-term support for rural microentrepreneurship.
SPONSORSHIP
1 + 4
R· Iowa
YRS IN OFFICE
3
BILLS LED
61
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 4 REP 0 IND 0
ACTION TIMELINE
2 EVENTSAUG 8
Introduced in House
AUG 8
Referred to the House Committee on Agriculture.
BILL INFO
TypeHouse Bill
NumberHR 4935
Congress119th
StatusIn Committee
IntroducedAug 8, 2025
Last actionAug 8, 2025
READER REACTIONS
OVERALL SENTIMENT
No reactions yet. Be the first to weigh in.
Discussion
Loading comments...
IN COMMITTEE· 119TH CONGRESS · AGRICULTURE COMMITTEE · INTRODUCED AUG 8, 2025
House BillHR 4935Agriculture and Food
Rural Microentrepreneur Assistance Program Act of 2025
INTRODUCED AUG 8, 2025· LAST ACTION AUG 8, 2025
PASSAGE CHANCES
—%
READING
1 min
COSPONSORS
4
COMPLEXITY
Moderate
