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S. 2691

U.S. Senate•In Senate Committee

Summary

S. 2691, the Rural Microentrepreneur Assistance Act of 2025, was introduced in the Senate on Sep 3, 2025 by Sen. Pete Ricketts (R) with 1 co-sponsor. It was referred to Agriculture, Nutrition, And Forestry, and last saw action on Sep 3, 2025: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Record

Text

S. 2691 has 1 co-sponsor.

sb2691/introduced-in-senate.txt
119 S2691 IS: Rural Microentrepreneur Assistance Act of 2025
 U.S. Senate
 2025-09-03
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
  II
  119th CONGRESS
  1st Session
  S. 2691
  IN THE SENATE OF THE UNITED STATES
  September 3, 2025
  Mr. Ricketts  (for himself and  Ms. Smith ) introduced the following bill; which was
  read twice and referred to the  Committee on
  Agriculture, Nutrition, and Forestry
  A BILL
To amend the Consolidated Farm and Rural Development Act to extend and
  enhance the Rural Microentrepreneur Assistance Program, and for other
  purposes.
1.
Short title
This Act may be cited as the   Rural Microentrepreneur Assistance Act of 2025  .
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 (b)(3), by adding at the end the following:
(E)
Use of funds
A microloan made by a microenterprise development organization to a microentrepreneur under this paragraph 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.
  ;
(3)
in subsection (c)(1)(A), by striking  75 percent  and inserting  100 percent ; and
(4)
in subsection (d), by striking  2019 through 2023  and inserting  2026 through 2030 .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-09-03
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in Senate Sep 3, 2025

sb2691/introduced-in-senate.md

Shown Here:
Introduced in Senate (09/03/2025)

Rural Microentrepreneur Assistance Act of 2025

This 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.

Sponsors

Sen. Pete Ricketts (R) sponsors S. 2691, and 1 member has co-sponsored it from the day it was introduced.

Committees

S. 2691 went before 1 committee: Agriculture, Nutrition, and Forestry.

Agriculture, Nutrition, and Forestry
Agriculture, Nutrition, and Forestry
Referred To · Sep 3, 2025 · 334 Bills

Actions

S. 2691 has taken 2 actions since Sep 3, 2025.

ChamberAction
Sep 3, 2025
Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.Agriculture, Nutrition, and Forestry Committee
Sep 3, 2025
—
Introduced in Senate

Votes

S. 2691 has not gone to a roll call.

Titles

S. 2691 goes by 3 titles, 1 of them short titles.

  • Rural Microentrepreneur Assistance Act of 2025 — Display Title
  • Rural Microentrepreneur Assistance Act of 2025 — Short Title(s) as Introduced
  • A bill to amend the Consolidated Farm and Rural Development Act to extend and enhance the Rural Microentrepreneur Assistance Program, and for other purposes. — Official Title as Introduced

Lobbying

2 clients hired 2 firms and 3 registered lobbyists who named S. 2691 in 8 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Arts/Entertainment, Budget/Appropriations, Copyright/Patent/Trademark, Health Issues, Labor Issues/Antitrust/Workplace, Retirement, Taxation/Internal Revenue Code, Trade (domestic/foreign).

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES—District of Columbia15—
PRISON FELLOWSHIP MINISTRIESChristian non-profit dedicated to serving those impacted by crime and incarceration.Virginia13$83K

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES15—
THE HAZEN COUNSEL, LLC13$83K

Lobbyists

Named on the filings that cite the bill.

LobbyistFirmsClientsFilings
JACKSON REES115
TYLER MCINTOSH115
CHRISTIANA FRAZEE113

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2026 first_quarter$135K1st Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2025 fourth_quarter$135K4th Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2025 third_quarter$100K3rd Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2025 second_quarter$100K2nd Quarter - Report
INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEESINTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES2025 first_quarter$100K1st Quarter - Report
PRISON FELLOWSHIP MINISTRIESTHE HAZEN COUNSEL, LLC2025 third_quarter$29K3rd Quarter - Report
PRISON FELLOWSHIP MINISTRIESTHE HAZEN COUNSEL, LLC2025 second_quarter$27K2nd Quarter - Report
PRISON FELLOWSHIP MINISTRIESTHE HAZEN COUNSEL, LLC2025 first_quarter$27K1st Quarter - Report

Classification

The Congressional Research Service files S. 2691 under Agriculture and Food, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 2691’s is Agriculture and Food.

s2691/policy-areas.txt
Agriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com