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Bill — H.R. 5763, Main Street Parity Act (House of Representatives, October 14, 2025)

Summary

Mr. Williams of Texas, for himself and Ms. Simon, introduced H.R. 5763 in the House of Representatives on October 14, 2025, a bill to amend the Small Business Investment Act of 1958 to modify the criteria for loans for plant acquisition, construction, conversion or expansion. The bill was referred to the Committee on Small Business and may be cited as the Main Street Parity Act. Section 2 amends Section 502(3)(C) of the Act by striking clauses (ii) and (iii), inserting "or" at the end of clause (i), and redesignating clause (iv) as clause (ii). A conforming amendment to Section 502(3)(B)(ii) replaces the reference to clauses (i), (ii), or (iii) of subparagraph (C) with a reference to clause (i).

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Issuer
Congressional materials
Document type
407330 2025 11 17 Committee On Small Business Activity The Week Of N Att0
Date
2025-11-17
Case
407330 2025 11 17 Committee On Small Business Activity The Week Of N Att0

Cite this document

“Bill — H.R. 5763, Main Street Parity Act (House of Representatives, October 14, 2025).” Dated 2025-11-17. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-11-17-407330-2025-11-17-committee-on-small-business-activity-the-week-of-n-att0/, SHA-256 d75ea90e3e07b9e75e403fe31814be159af17c19ac516a145cd5c5473bc6849c.

Full text

                                                                                                                                                                           I




                                                                        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, con-
                                                                           struction, conversion or expansion, and for other pur-
                                                                           poses.

                                                                          1               Be it enacted by the Senate and House of Representa-
                                                                          2 tives of the United States of America in Congress assembled,
                                                                          3     SECTION 1. SHORT TITLE.

                                                                          4               This Act may be cited as the ‘‘Main Street Parity
                                                                          5 Act’’.




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                                                                                                                                   2
                                                                          1     SEC. 2. MODIFICATION TO CRITERIA FOR LOANS FOR

                                                                          2                             PLANT ACQUISITION, CONSTRUCTION, CON-

                                                                          3                             VERSION OR EXPANSION.

                                                                          4               (a) IN GENERAL.—Section 502(3)(C) of the Small
                                                                          5 Business Investment Act of 1958 (15 U.S.C. 696(3)(C))
                                                                          6 is amended—
                                                                          7                        (1) by striking clauses (ii) and (iii);
                                                                          8                        (2) in clause (i), by inserting ‘‘or’’ at the end;
                                                                          9               and
                                                                        10                         (3) by redesignating clause (iv) as clause (ii).
                                                                        11                (b)               CONFORMING                           AMENDMENT.—Section
                                                                        12 502(3)(B)(ii) of the Small Business Investment Act of
                                                                        13 1958 (15 U.S.C. 696(3)(B)(ii)) is amended by striking
                                                                        14 ‘‘clauses (i), (ii), or (iii) of subparagraph (C)’’ and insert-
                                                                        15 ing ‘‘clause (i) of subparagraph (C)’’.
                                                                                                                                   Æ




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                                                                                     •HR 5763 IH

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