Main Street Parity Act
Latest action · Jan 26, 2026 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 14, 2025
- Passed HouseJan 20, 2026
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 32 | On Motion to Suspend the Rules and Pass | Passed383–8 | Jan 20, 2026 |
Cosponsors 4
Members who signed on, in the order they did. Signatures ran from Oct 14, 2025 to Nov 25, 2025; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Lateefah Simon | Original | Oct 14, 2025 |
| D-VA | Eugene Simon Vindman | Oct 31, 2025 | |
| D-CA | Gilbert Ray Cisneros, Jr. | Nov 17, 2025 | |
| D-NH | Maggie Goodlander | Nov 25, 2025 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Small Business Committee | Referred Oct 14, 2025Markup Nov 18, 2025Reported Dec 12, 2025 |
| Senate | Small Business and Entrepreneurship Committee | Referred Jan 26, 2026 |
Actions 14
Everything that happened, newest first.
- Jan 26, 2026Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Jan 20, 2026Mr. Williams (TX) moved to suspend the rules and pass the bill.
- Jan 20, 2026Considered under suspension of the rules. (consideration: CR H930-931)
- Jan 20, 2026DEBATE - The House proceeded with forty minutes of debate on H.R. 5763.
- Jan 20, 2026At 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.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H930, H931Text printed H930Recorded votes H939enact | Lateefah Simon D-CA, Nydia M. Velázquez D-NY, Roger Williams R-TX | Jan 20, 2026 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 169, October 14, 2025, page H4537.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
Titles 6
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- 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.
- Short Title(s) as Introduced
- Main Street Parity Act
- Short Title(s) as Reported to House
- Main Street Parity Act
- Short Title(s) as Passed House
- Main Street Parity Act
- Short Titles from RFS (Referred to Senate) bill text
- Main Street Parity Act
- Official Title from EH (Engrossed in House) bill text
- 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.
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 4
Each version as it was printed, newest first.
- Jan 26, 2026Referred in Senate
- Jan 20, 2026Engrossed in House
- Dec 12, 2025Reported in House
- Oct 14, 2025Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
