119-hr5763

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5763 Introduced in House

    (IH) ]

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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, construction, conversion or 
 expansion, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

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) ''.
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