Last action was on 8-8-2025
Current status is Referred to the House Committee on Agriculture.
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This Act may be cited as the "Rural Microentrepreneur Assistance Program Act of 2025".
Section 379E of the Consolidated Farm and Rural Development Act (7 U.S.C. 2008s) is amended—
(1) - in subsection (a)(4), by striking "$50,000" and inserting "$75,000";
(2) - in subsection (c)(1)(A), by striking "75 percent" and inserting "100 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
(3) - in subsection (d), by striking "2019 through 2023" and inserting "2026 through 2030".