H.R. 5763
Main Street Parity Act
In plain language
Eases the financing rules for certain Small Business Administration loans used to buy, build or expand a business's property, including land. For loans on special-purpose or single-purpose properties, the borrower would have to put in 5% less of the total cost.
Written with AI assistance as a simplification of the official summary below. It may leave out details.
Official summary
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.
Full text and status on Congress.gov
Roll calls on this measure (1)
- On Motion to Suspend the Rules and Pass: H.R. 5763: Main Street Parity Act (House, Jan 20, 2026; Passed)