S 2691 — Rural Microentrepreneur Assistance Act of 2025
Last action — Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced September 03, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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In Committee
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (1 R · 1 D) — cross-party backing.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Rural Microentrepreneur Assistance Act of 2025This bill reauthorizes through FY2030 and revises the Rural Microentrepreneur Assistance Program (RMAP). This Department of Agriculture program provides loans and grants to eligible microenterprise development organizations to (1) capitalize revolving loan funds that provide loans to qualified rural microenterprises (i.e., sole proprietorships located in rural areas or business entities with not more than 10 full-time employees located in a rural area), and (2) provide related training and technical assistance.The bill increases the amount a rural microenterprise may borrow to up to $75,000 (from up to $50,000).The bill also increases the maximum allowable federal cost share to 100% (from 75%). The bill further specifies that a RMAP project loan may not be used to cover more than 50% of any demolition, construction, or related costs of real estate improvements.
Bill Text
- Introduced Introduced in Senate Current html September 03, 2025
Action History
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Introduced in Senate
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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sponsors
- Pete Ricketts · Primary
- Tina Smith · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 545 not signed on
Sponsors (1)
- Ricketts, Pete Republican
Co-sponsors (1)
- Smith, Tina Democratic
Not signed on (545)
545 members have not signed on to this bill.
Show all 545 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 2691 do?
- Rural Microentrepreneur Assistance Act of 2025This bill reauthorizes through FY2030 and revises the Rural Microentrepreneur Assistance Program (RMAP). This Department of Agriculture program provides loans and grants to eligible microenterprise development organizations to (1) capitalize revolving loan funds that provide loans to qualified rural microenterprises (i.e., sole proprietorships located in rural areas or business entities with not more than 10 full-time employees located in a rural area), and (2) provide related training and technical assistance.The bill increases the amount a rural microenterprise may borrow to up to $75,000 (from up to $50,000).The bill also increases the maximum allowable federal cost share to 100% (from 75%). The bill further specifies that a RMAP project loan may not be used to cover more than 50% of any demolition, construction, or related costs of real estate improvements.
- Who sponsors S 2691?
- S 2691 is sponsored by Ricketts, Pete (Republican) and Smith, Tina (Democratic).
- What is the current status of S 2691?
- This bill is in committee in the Senate. Introduced September 03, 2025. It must pass committee before a floor vote.
- Where can I track S 2691?
- Track S 2691 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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