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Bill · 119th Congress · HR 5763
Main Street Parity Act
Refreshed 3 h ago
Introduced 2025-10-14Topic: economy jobsSummary
Summary by the Congressional Research ServiceMain 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.
Sponsors
- Roger Williams Republican sponsor
- 4 cosponsors
Recorded votes
| Date | Chamber | Question | Result | Yeas | Nays |
|---|---|---|---|---|---|
| 2026-01-20 | House roll 32 | On Motion to Suspend the Rules and Pass | Passed | 383 | 8 |
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-01-26 | Senate | Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. | refer |
| 2026-01-20 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2026-01-20 | 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 | 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) | floor pass | |
| 2026-01-20 | House | Considered as unfinished business. (consideration: CR H939-940) | |
| 2026-01-20 | House | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | |
| 2026-01-20 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 5763. | |
| 2026-01-20 | House | Considered under suspension of the rules. (consideration: CR H930-931) | |
| 2026-01-20 | House | Mr. Williams (TX) moved to suspend the rules and pass the bill. | |
| 2025-12-12 | House | Placed on the Union Calendar, Calendar No. 354. | |
| 2025-12-12 | House | Reported by the Committee on Small Business. H. Rept. 119-406. | report |
| 2025-12-12 | Reported by the Committee on Small Business. H. Rept. 119-406. | report | |
| 2025-11-18 | House | Ordered to be Reported by the Yeas and Nays: 27 - 0. | refer |
| 2025-11-18 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-10-14 | House | Referred to the House Committee on Small Business. | refer |
| 2025-10-14 | Introduced in House | introduce | |
| 2025-10-14 | Introduced in House | introduce |