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HR 4935
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Rural Microentrepreneur Assistance Program Act of 2025

To amend the Consolidated Farm and Rural Development Act to extend and enhance the Rural Microentrepreneur Assistance Program, and for other purposes.

Introduced Aug 8, 2025

Latest action (Aug 8, 2025) Referred to the House Committee on Agriculture.

Policy area
Issues
Economy & Taxes

Summary

  • Increases the maximum loan amount under the Rural Microentrepreneur Assistance Program from $50,000 to $75,000.
  • Increases the federal funding share for the program from 75 percent to 100 percent.
  • Allows loans under the program to cover up to 50 percent of demolition, construction, and related real estate improvement costs.
  • Extends the program authorization from fiscal years 2019 through 2023 to fiscal years 2026 through 2030.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Money behind the sponsor

Top reported contributors to Zachary Nunn’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • Employer not reported $397,838
  • MARQUIS MANAGEMENT INC. $16,550
  • BRODIE GENERATIONAL CAPITAL PARTNERS $16,500
  • STARKEY HEARING TECHNOLOGIES $13,200
  • APOLLO GLOBAL MGMT $13,000

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Zachary Nunn → · Outside spending →

Actions (2)

  1. Aug 8, 2025 Referred to the House Committee on Agriculture. · house
  2. Aug 8, 2025 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

  • Introduced in House · Aug 8, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

August 8, 2025

Mr. Nunn of Iowa (for himself and Mr. Mannion) introduced the following bill; which was referred to the Committee on Agriculture

A BILL

To amend the Consolidated Farm and Rural Development Act to extend and enhance the Rural Microentrepreneur Assistance Program, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Rural Microentrepreneur Assistance Program Act of 2025”.

SEC. 2. INCREASE IN FUNDING FOR THE RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM.

Section 379E of the Consolidated Farm and Rural Development Act (7 U.S.C. 2008s) is amended—

(1) in subsection (a)(4), by striking “$50,000” and inserting “$75,000”;

(2) in subsection (c)(1)(A), by striking “75 percent” and inserting “100 percent, and a loan under this section for a project may be used to cover not more than 50 percent of any demolition, construction, or related costs of real estate improvements under the project”; and

(3) in subsection (d), by striking “2019 through 2023” and inserting “2026 through 2030”. <all>

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