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HR 5763 - 119

Reported in House

Main Street Parity Act

3
Sections
0
Dollar amounts
0
Deadlines and effective dates
Dec 12, 2025
Text version date

Top statutory references

15 U.S.C. 696 2

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Structured text

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5763 Reported in House (RH)] Union Calendar No. 354 119th CONGRESS 1st Session H. R. 5763 [Report No. 119-406] 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. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 14, 2025 Mr. Williams of Texas (for himself and Ms. Simon) introduced the following bill; which was referred to the Committee on Small Business December 12, 2025 Additional sponsors: Mr. Vindman, Mr. Cisneros, and Ms. Goodlander December 12, 2025 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed _______________________________________________________________________ A BILL 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Sec. 1.

SECTION 1. SHORT TITLE.

SECTION 1. SHORT TITLE. This Act may be cited as the ``Main Street Parity Act''.
Sec. 2.

SEC. 2. MODIFICATION TO CRITERIA FOR LOANS FOR PLANT ACQUISITION,

SEC. 2. MODIFICATION TO CRITERIA FOR LOANS FOR PLANT ACQUISITION, CONSTRUCTION, CONVERSION OR EXPANSION. (a) In General.--Section 502(3)(C) of the Small Business Investment Act of 1958 (15 U.S.C. 696(3)(C)) is amended-- (1) by striking clauses (ii) and (iii); (2) in clause (i), by inserting ``or'' at the end; and (3) by redesignating clause (iv) as clause (ii). (b) Conforming Amendment.--Section 502(3)(B)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(3)(B)(ii)) is amended by striking ``clauses (i), (ii), or (iii) of subparagraph (C)'' and inserting ``clause (i) of subparagraph (C)''. Union Calendar No. 354 119th CONGRESS 1st Session H. R. 5763 [Report No. 119-406] _______________________________________________________________________ A BILL 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. _______________________________________________________________________ December 12, 2025 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed
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