Bill Community Discussion
H.R. 5763: Main Street Parity Act
- Bill Number
- H.R. 5763
- Congress
- 119
- Status / Latest Action
- Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Sponsor
- Rep. Williams, Roger [R-TX-25]
- Introduced
- 2025-10-14
- Policy Area
- Commerce
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.
Sections
- Congress.gov 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.
Discussion
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