Bills · S 2691
IN COMMITTEE· 119TH CONGRESS
Senate BillS 2691Agriculture and Food
Rural Microentrepreneur Assistance Act of 2025
INTRO SEP 3· LAST ACTION SEP 3
READING
1MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
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- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it helps support the backbone of many rural economies: small, local businesses. By making it easier for organizations to get funding and removing the need for them to find matching money, the bill aims to put more resources directly into programs that assist rural entrepreneurs. This could lead to more new businesses, more jobs, and more services in areas that often struggle with economic development and access to capital.
If this bill becomes law, it extends the lifespan of a crucial program, ensuring that these vital support systems continue for another five years. Without it, the program's funding authorization would expire, potentially cutting off a significant source of assistance for rural microbusinesses. This bill addresses real issues like economic opportunity and access to financing in underserved rural communities, directly impacting their ability to thrive.
KEY PROVISIONS
4AI-extractedPROVISION 01
Increases the maximum grant amount for microenterprise development organizations from $50,000 to $75,000.
This allows organizations supporting rural small businesses to receive more funding, potentially expanding their reach and impact.
PROVISION 02
Allows microloans to cover up to 50% of demolition, construction, or related costs for real estate improvements.
This makes microloans more versatile and directly supportive of physical infrastructure development for rural businesses.
PROVISION 03
Increases the federal share for microenterprise development projects from 75% to 100%.
This eliminates the matching funds requirement for organizations, making it easier for them to secure and utilize federal grants.
PROVISION 04
Extends the authorization of appropriations for the program from fiscal years 2019-2023 to 2026-2030.
This ensures the continued operation and funding of the Rural Microentrepreneur Assistance Program for an additional five years.
SPONSORSHIP
1 + 1
R· Nebraska
YRS IN OFFICE
3
BILLS LED
67
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 1 REP 0 IND 0
ACTION TIMELINE
2 EVENTSSEP 3
Introduced in Senate
SEP 3
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
BILL INFO
TypeSenate Bill
NumberS 2691
Congress119th
StatusIn Committee
IntroducedSep 3, 2025
Last actionSep 3, 2025
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IN COMMITTEE· 119TH CONGRESS · AGRICULTURE, NUTRITION, AND FORESTRY COMMITTEE · INTRODUCED SEP 3, 2025
Senate BillS 2691Agriculture and Food
Rural Microentrepreneur Assistance Act of 2025
INTRODUCED SEP 3, 2025· LAST ACTION SEP 3, 2025
PASSAGE CHANCES
—%
READING
1 min
COSPONSORS
1
COMPLEXITY
Moderate
