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USDA/RBS RIN: 0570-AA71 Publication ID: Fall 2010 
Title: Rural Microentrepreneur Assistance Program—Section 6022 
Abstract: The Food Conservation, and Energy Act of 2008 (2008 Farm Bill) establishes the Rural Microentrepreneur Assistance Program (Section 6022). The 2008 Farm Bill mandates that the Secretary of Agriculture establish a program to make loans and grants to support microentrepreneurs in the development and ongoing success of rural microenterprises. The Act further mandates that entities will used funds borrowed from the Rural Business Service to make microloans of not more than $50,000 to rural microenterprises for eligible purposes; that the Agency will make grants to provide business based training and technical assistance; and that the Agency will provide funding to improve the capacity of rural Microenterprise Development Organizations (MDOs) to provide services to rural microenterprise clients. Upon enactment of the 2008 Farm Bill, a committee was formed to discuss policy, implementation, and processes needed to move the program forward. In mid-January 2009, a listening forum was held at USDA. The object of the listening forum was to allow public comment regarding the statute and to obtain opinions regarding the implementation of the program. The proposed rule was published in October 2009, with a 45-day public comment period. Comments to the proposed rule were reviewed and incorporated into the interim rule which was published on May 28, 2010, with a 60-day comment period. No changes are discussed in this document as it is being written prior to publication of the final rule. This program will require a complete final set of regulations. 
Agency: Department of Agriculture(USDA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 4280-D     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: PL 110-246   
Legal Deadline:  None
Action Date FR Cite
NPRM  10/07/2009  74 FR 51714   
NPRM Comment Period End  11/23/2009    
Interim Final Rule  05/28/2010  75 FR 30114   
Interim Final Rule Effective  06/28/2010    
Correction  07/19/2010  75 FR 41695   
Interim Final Rule Comment Period End  07/27/2010    
Final Rule  06/00/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Lori Hood
Loan Specialist, Specialty Programs Division
Department of Agriculture
Rural Business-Cooperative Service
STOP 3225, 1400 Independence Avenue SW.,
Washington, DC 20250-3225
Phone:202 720-9815
Fax:202 720-2213

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