This bill was recently introduced in the Senate and is currently being reviewed by the Committee on Agriculture, Nutrition, and Forestry. It is in the early stages of the lawmaking process and has no upcoming votes scheduled at this time. The bill is considered active as it waits for the committee to decide on its next steps.
Legislative Progress
Senate
House
President
Law
Could go either way
This bill has bipartisan support from senators in key agricultural states. It is a strong candidate to be included in the next major Farm Bill package.
How we got here
This bill’s path across every version that has carried it.
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Reintroduced
Reintroduced from S. 2996 (118th), which died when its Congress ended.
This bill helps very small businesses in rural areas get more money to start or grow. It increases the maximum loan amount from $50,000 to $75,000 so owners can keep up with rising costs.
Business owners will now be able to use these loans for construction and fixing up buildings. The new rules allow the money to cover half of the costs for demolition or real estate improvements.
The bill makes it easier for local organizations that provide these loans to get federal funding. It increases the government's share of certain grants from 75 percent to 100 percent.
This plan keeps the program running for five more years. It authorizes funding from 2026 through 2030 to ensure rural entrepreneurs have long-term support.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Sep 3, 2025Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Sep 3, 2025
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Source Information
Document Type
Congressional Bill
Official Title
Rural Microentrepreneur Assistance Act of 2025
Bill NumberS 2691
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
