What does Preamble of HR 4935 do?

This bill proposes to amend the Consolidated Farm and Rural Development Act. The stated purpose is to extend and enhance the Rural Microentrepreneur Assistance Program. The bill was introduced in the House of Representatives on August 8, 2025.

What does SHORT TITLE. of HR 4935 do?

This bill is formally titled the Rural Microentrepreneur Assistance Program Act of 2025.

What does INCREASE IN FUNDING FOR THE RURAL MICROENTREPRENEUR ASSISTANCE of HR 4935 do?

This section amends Section 379E of the Consolidated Farm and Rural Development Act. The maximum grant amount under subsection (a)(4) is increased from $50,000 to $75,000. Subsection (c)(1)(A) is modified to allow for 100 percent funding and permits loan usage for up to 50 percent of demolition, construction, or related real estate improvement costs. The period covered under subsection (d) is changed from '2019 through 2023' to '2026 through 2030'.

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Rural Microentrepreneur Assistance Program Act of 2025 — HR. 4935

Last updated: 8/8/2025 · Introduced: 8/8/2025

Author: Zachary Nunn (R-IA)

TL;DR (AI)

This bill increases the maximum grant amount available through the Rural Microentrepreneur Assistance Program from $50,000 to $75,000.
It allows program funds to cover up to 50 percent of demolition, construction, or real estate improvement costs.
The program's funding period is extended from 2019 through 2023 to 2026 through 2030.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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