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HR 7533·Federal·house

RISE Reauthorization Act of 2026

In CommitteeFiled Feb 12, 2026
Sponsor: Rep. Figures, Shomari [D-AL-2] (D)
Latest Action

Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Mar 20, 2026

Summary

The bill updates the Rural Innovation Stronger Economy (RISE) grant program, keeping it alive and increasing its funding to $50 million each year from 2026 through 2030. It changes eligibility language to broaden the types of industries that can benefit and requires that a share of grants go to the smallest rural communities. The changes aim to boost economic opportunities in places with fewer than 20,000 residents, especially those under 10,000.

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