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Congress·In Committee·18 days ago

Rural Economy: Expanding Grants for Small Towns

Also known as: Rural Innovation Stronger Economy (RISE) Reauthorization Act of 2026

Legislative Progress

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Review
Senate
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President

Key Points

  • This bill would provide $50 million each year from 2027 to 2031 to help rural areas build stronger economies and create new jobs.
  • The program focuses on helping small towns with fewer than 20,000 people, with a special rule that at least 10% of the money must go to very small towns of under 10,000 residents.
  • It makes the grant rules more flexible so that more types of local businesses and industries can qualify for help, rather than just a few specific categories.
  • The goal is to help rural areas that have lost major employers or are struggling with high poverty rates by giving them the tools to start new projects.
  • Before a grant is awarded, the local state office for rural development must agree that the project is a good fit for that specific area.

Milestones

2 milestones2 actions
Feb 12, 2026Senate

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Feb 12, 2026

Introduced in Senate

Source Information

Document Type

Congressional Bill

Official Title

Rural Innovation Stronger Economy (RISE) Reauthorization Act of 2026

Bill NumberS 3861
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sponsor

Cosponsors

(1)
D: 1

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.