{"format":1,"id":"119-hr-5763","congress":119,"number":"H.R. 5763","kind":"bill","group":"bills","title":"Main Street Parity Act","title_source":"Short Title(s) as Passed House","official_title":"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.","titles":[{"type":"Official Title as Introduced","title":"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."},{"type":"Short Titles from RFS (Referred to Senate) bill text","title":"Main Street Parity Act"},{"type":"Short Title(s) as Passed House","title":"Main Street Parity Act"},{"type":"Official Title from EH (Engrossed in House) bill text","title":"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."},{"type":"Short Title(s) as Reported to House","title":"Main Street Parity Act"},{"type":"Display Title","title":"Main Street Parity Act"},{"type":"Short Title(s) as Introduced","title":"Main Street Parity Act"}],"outcome":"passed_house","law_number":null,"introduced":"2025-10-14","chambers":{"house":{"status":"roll_call","date":"2026-01-20","vote":{"id":"119-2026-h32","question":"On Motion to Suspend the Rules and Pass","title":"Main Street Parity Act","result":"Passed","yea":383,"nay":8,"present":0,"not_voting":40,"source":"https://clerk.house.gov/evs/2026/roll032.xml"}},"senate":{"status":"pending","date":null,"vote":null}},"president":{"status":"not_yet","date":null},"vice_president_tie_breaker":null,"latest_action":{"text":"Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.","date":"2026-01-26"},"nominees":null,"amendments":[],"other_votes":[],"crs_summary":{"date":"2025-12-12","stage":"Reported to House","blocks":[{"k":"h","t":"Main Street Parity Act"},{"k":"p","t":"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."}],"words":56},"summary":{"main_subject":{"text":"Amends the Small Business Investment Act of 1958 by removing two clauses from the criteria for loans for plant acquisition, construction, conversion or expansion.","cites":[{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/5763/text/eh#H60083421BBC4418D8DB8D2DE6EB1F1D1"}]},"core_areas":["Criteria for plant acquisition, construction, conversion or expansion loans under the Small Business Investment Act of 1958"],"what_it_does":[{"text":"Strikes clauses (ii) and (iii) of section 502(3)(C) of the Small Business Investment Act of 1958.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/5763/text/eh#H60083421BBC4418D8DB8D2DE6EB1F1D1"}},{"text":"Inserts \"or\" at the end of clause (i) of section 502(3)(C) and redesignates clause (iv) of that subparagraph as clause (ii).","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/5763/text/eh#H60083421BBC4418D8DB8D2DE6EB1F1D1"}},{"text":"Changes a cross-reference in section 502(3)(B)(ii) of the Act from \"clauses (i), (ii), or (iii) of subparagraph (C)\" to \"clause (i) of subparagraph (C)\".","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/5763/text/eh#H60083421BBC4418D8DB8D2DE6EB1F1D1"}},{"text":"Provides that the Act may be cited as the \"Main Street Parity Act\".","cite":{"label":"Sec. 1","href":"https://www.congress.gov/bill/119th-congress/house-bill/5763/text/eh#H3C5F7B8934B549A8B174C7E0F4A966ED"}}],"unexpected":[],"version":{"type":"Engrossed in House","date":"2026-01-20","rule":"passed","href":"https://www.congress.gov/bill/119th-congress/house-bill/5763/text/eh"},"current":true,"model":"claude-sonnet-5-5","approved":"2026-10-03","approved_by":"checks"},"sources":{"congress_gov":"https://www.congress.gov/bill/119th-congress/house-bill/5763","text":"https://www.congress.gov/bill/119th-congress/house-bill/5763/text"},"card":{"image":"card/item/119-hr-5763.png","v":"5003c0859eab","alt":"Votes on Record. H.R. 5763, 119th Congress: Main Street Parity Act. House: 383 Yea, 8 Nay. Senate: not yet considered. Outcome: Passed House, 20 Jan 2026."}}