HR 5763
Main Street Parity Act
Summary
Main Street Parity Act This bill lessens the financing requirements for certain Small Business Administration loans to small businesses for plant acquisition, construction, conversion, or expansion, including the acquisition of land. Specifically, the bill reduces the amount of equity a borrower must provide by 5% of the total cost for loans for limited or single-purpose properties.
Bill status
- Status
- Passed House
- Sponsor
- Rep. Roger Williams [R-TX-25]
- Cosponsors
- 4
- Policy area
- Commerce
- Introduced
- 2025-10-14
- Latest action
- 2026-01-26: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee referrals
Recent actions
- 2026-01-26: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- 2026-01-20: Motion to reconsider laid on the table Agreed to without objection.
- 2026-01-20: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 383 - 8 (Roll no. 32). (text: CR H930)
- 2026-01-20: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 383 - 8 (Roll no. 32). (text: CR H930)
- 2026-01-20: Considered as unfinished business. (consideration: CR H939-940)