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H.R. 5763: Main Street Parity Act

A House bill (H.R.) in the 119th U.S. Congress.

Overview

Congress119th U.S. Congress (2025–2026)
TypeHouse bill (H.R.)
Originating chamberHouse
Introduced2025-10-14
SponsorRep. Williams, Roger [R-TX-25]
Policy areaCommerce
Cosponsors4
Latest action2026-01-26 — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Last updated2026-07-13

Summary

Official summary (Reported to House, 2025-12-12):

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.

Cosponsors (4)

NameParty / state
Lateefah Simon D CA (original cosponsor) 2025-10-14
Eugene Simon Vindman D VA 2025-10-31
Gilbert Ray Cisneros, Jr. D CA 2025-11-17
Maggie Goodlander D NH 2025-11-25

Full text & official record

The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 5763 are published by Congress on congress.gov.

View H.R. 5763 on congress.gov →

Frequently asked questions

What is H.R. 5763?

H.R. 5763 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: Main Street Parity Act.

Where can I read the full bill text?

The full text, cosponsors, amendments, and legislative status for H.R. 5763 are available on congress.gov.

Bill data: congress.gov API (official congressional records).