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Rural Microentrepreneur Assistance Act of 2025
Last updated: 9/3/2025 · Introduced: 9/3/2025
Author: Pete Ricketts (R-NE)
TL;DR (AI)
- The bill increases the maximum amount for microloans provided through the Rural Microentrepreneur Assistance Program from $50,000 to $75,000.
- It expands the types of eligible expenses for microloans to include up to 50 percent of demolition, construction, or related real estate improvement costs.
- The bill extends the program's authorization and increases the federal cost-sharing percentage for assistance from 75 percent to 100 percent, covering the period from 2026 through 2030.
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Includes provisions on preamble, short title., and 1 more.
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