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Congress·In Committee·H.R. 7533

Rural Jobs and Innovation: Grant Program Expansion

To amend the Consolidated Farm and Rural Development Act to reauthorize and expand the Rural Innovation Stronger Economy grant program.

Also known as: RISE Reauthorization Act of 2026

about 1 month ago·View on Congress.gov

Legislative Progress

House
Senate
President
Law

Key Points

  • This bill extends a grant program that helps rural areas build stronger economies. It would provide $50 million every year from 2026 through 2030 to help local partnerships create new jobs and support regional businesses.
  • The plan focuses specifically on very small towns. It requires that at least 10 percent of the money goes to communities with fewer than 10,000 residents, ensuring that the smallest rural areas get a fair share of the funding.
  • It makes the rules more flexible for local leaders. Instead of forcing towns to focus only on specific types of industrial groups, the bill allows them to use the money for a wider variety of local businesses and industries that fit their specific area's needs.
  • To make sure the money is spent effectively, local groups must get approval from their state's rural development office. This helps ensure that the projects match the state's overall goals for helping rural families and workers.

Milestones

2 milestones2 actions
Feb 12, 2026House

Referred to the House Committee on Agriculture.

Feb 12, 2026

Introduced in House

Related Bills

1 bill

Source Information

Document Type

Congressional Bill

Official Title

To amend the Consolidated Farm and Rural Development Act to reauthorize and expand the Rural Innovation Stronger Economy grant program.

Bill NumberHR 7533
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Agriculture.

Sponsor

Cosponsors

(3)
D: 3

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