summary
Introduced
10/14/2025
10/14/2025
In Committee
11/18/2025
11/18/2025
Crossed Over
01/26/2026
01/26/2026
Passed
Dead
Introduced Session
119th Congress
Bill Summary
AN ACT To amend the Small Business Investment Act of 1958 to modify the criteria for loans for plant acquisition, construction, conversion or expansion, and for other purposes.
AI Summary
This bill, known as the Main Street Parity Act, amends the Small Business Investment Act of 1958 to change the rules for when small businesses can receive loans for acquiring, building, converting, or expanding their facilities. Specifically, it removes certain existing criteria for these loans and reorganizes the remaining ones, aiming to simplify or broaden eligibility for businesses seeking to improve their physical operations.
Committee Categories
Business and Industry
Sponsors (5)
Roger Williams (R)*,
Gil Cisneros (D),
Maggie Goodlander (D),
Lateefah Simon (D),
Eugene Vindman (D),
Last Action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 01/26/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/5763/all-info |
| BillText | https://www.congress.gov/119/bills/hr5763/BILLS-119hr5763eh.pdf |
| BillText | https://www.congress.gov/119/bills/hr5763/BILLS-119hr5763rh.pdf |
| BillText | https://www.congress.gov/119/bills/hr5763/BILLS-119hr5763ih.pdf |
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