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HOUSE 5763119th CongressReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Main Street Parity Act

Last Action
1/26/2026

Actions

  • 2026-01-26Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • 2026-01-20Motion to reconsider laid on the table Agreed to without objection.
  • 2026-01-20On 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)
  • 2026-01-20Passed/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)
  • 2026-01-20Considered as unfinished business. (consideration: CR H939-940)
  • 2026-01-20At 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.
  • 2026-01-20DEBATE - The House proceeded with forty minutes of debate on H.R. 5763.
  • 2026-01-20Considered under suspension of the rules. (consideration: CR H930-931)
  • 2026-01-20Mr. Williams (TX) moved to suspend the rules and pass the bill.
  • 2025-12-12Placed on the Union Calendar, Calendar No. 354.
  • 2025-12-12Reported by the Committee on Small Business. H. Rept. 119-406.
  • 2025-12-12Reported by the Committee on Small Business. H. Rept. 119-406.
  • 2025-11-18Ordered to be Reported by the Yeas and Nays: 27 - 0.
  • 2025-11-18Committee Consideration and Mark-up Session Held
  • 2025-10-14Referred to the House Committee on Small Business.

Showing 15 of 17 actions. Full history on Congress.gov.

CRS Summary

As of 2025-12-12 (07)

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.

Cosponsors (4)

  • Lateefah Simon (D-CA)
  • Eugene Vindman (D-VA)
  • Gilbert Cisneros (D-CA)
  • Maggie Goodlander (D-NH)

Subjects

  • Building construction
  • Economic development
  • Government lending and loan guarantees
  • Small business
Read on Congress.gov

Sourced from Congress.gov (public domain).

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