Bill Detail
H.R. 5763
Congress: 119
Title
Main Street Parity Act
Summary
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.
Sponsor
Rep. Roger Williams [R-TX-25]
Status
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Status as of Oct 2, 2:35 AM · synced 10h ago
Introduced
2025-10-14
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Bill Engagement
Main Street Parity Act This bill lessens the financing requirements for certain Small Business Administration loans to small businesses for plant acquisition, construction, conv…