Main Street Parity Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5763 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 5763

   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.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                            October 14, 2025

   Mr. Williams of Texas (for himself and Ms. Simon) introduced the
 following bill; which was referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL

   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.

    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Main Street Parity Act''.

SEC. 2. MODIFICATION TO CRITERIA FOR LOANS FOR PLANT ACQUISITION,
              CONSTRUCTION, CONVERSION OR EXPANSION.

    (a) In General.--Section 502(3)(C) of the Small Business Investment
Act of 1958 (15 U.S.C. 696(3)(C)) is amended--
            (1) by striking clauses (ii) and (iii);
            (2) in clause (i), by inserting ``or'' at the end; and
            (3) by redesignating clause (iv) as clause (ii).
    (b) Conforming Amendment.--Section 502(3)(B)(ii) of the Small
Business Investment Act of 1958 (15 U.S.C. 696(3)(B)(ii)) is amended by
striking ``clauses (i), (ii), or (iii) of subparagraph (C)'' and
inserting ``clause (i) of subparagraph (C)''.
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