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HR 5763 Passed a chamber

Removes two criteria from the small business loan rules for plant acquisition, construction, conversion, or expansion, and renumbers the remaining clause.

Official title: Main Street Parity Act

Next stop Senate: awaiting action
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 14-OCT-2025
Referred 14-OCT-2025
Approved by committee 18-NOV-2025
Reported 12-DEC-2025
On the calendar 12-DEC-2025
Passed 20-JAN-2026
Senate
Received 26-JAN-2026
Key points
  • Strikes clauses (ii) and (iii) of Section 502(3)(C) of the Small Business Investment Act of 1958, which covers loans for plant acquisition, construction, conversion, or expansion.
  • Redesignates clause (iv) of that subparagraph as clause (ii) and adds "or" at the end of clause (i).
  • Changes the cross-reference in Section 502(3)(B)(ii) so it points only to clause (i) of subparagraph (C).
AI-generated from the Referred in Senate text of 26-JAN-2026 · verify · report an error
Official CRS summary

Covers an older version. The newest CRS summary describes the bill as of "Reported to House" (12-DEC-2025); the text has changed since (Engrossed in House, 20-JAN-2026).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov
Committee referrals (2) Policy area

Commerce

Sponsor Roger Williams (R-TX) Cosponsors · 4
■ 4 D