H.R. 5763 · 119th Congress
Main Street Parity Act
- Stage
- Passed a chamber
- Sponsor
- Roger Williams
- 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.
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.