Main Street Parity Act
H.R. 5763119th CongressCommerce
- Introduced
- Oct 14, 2025
- Latest action
- Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Jan 26, 2026
Recorded votes
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Summary
Written by the nonpartisan Congressional Research Service.
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.