RISE Reauthorization Act of 2026
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Summary
This bill reauthorizes and expands the Rural Innovation Stronger Economy (RISE) grant program under the Consolidated Farm and Rural Development Act. The bill modifies eligibility criteria and grant selection procedures, removes references to 'industry clusters' in favor of broader 'industries in the area,' and requires the Secretary of Agriculture to prioritize smaller rural communities (under 20,000 inhabitants) with at least 10 percent of annual grants directed to communities under 10,000 inhabitants. The bill authorizes $50 million annually for fiscal years 2026 through 2030.
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