Referred in Senate — H.R. 5763

IIB

119th CONGRESS

2d Session

H. R. 5763

IN THE SENATE OF THE UNITED STATES

January 26 (legislative day, January 15), 2026

Received; read twice and referred to the Committee on Small Business and Entrepreneurship

AN ACT

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.

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).