# 119-hr-5763: Main Street Parity Act

119-hr-5763, Main Street Parity Act, is a 119th Congress bill sponsored by Rep. Williams, Roger [R-TX-25] (R-TX); status passed_house; PRIA reads it as touching household money (as of 2026-09-10).

- Canonical: https://policyrisk.com/legislation/119-hr-5763
- As of: 2026-09-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5763
- Congress: 119
- Title: Main Street Parity Act
- Status: passed_house
- Introduced: 2025-10-14
- Sponsor: Rep. Williams, Roger [R-TX-25] (R-TX)
- Cosponsors: 4
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-09-10

## Summary

**Rewrites eligibility rules for SBA-backed plant loans.** This bill would change the Small Business Investment Act's test for which plant acquisition, construction, conversion, or expansion projects qualify for SBA-backed loans. - It strikes clauses (ii) and (iii) of 15 U.S.C. 696(3)(C), inserts the word 'or' at the end of clause (i), and redesignates clause (iv) as clause (ii). It also amends 15 U.S.C. 696(3)(B)(ii) to reference only clause (i) of subparagraph (C). - Small businesses planning plant acquisition, construction, conversion, or expansion would face the revised eligibility rules when applying for SBA-backed loans. - Lenders and the Small Business Administration would apply the updated statutory wording when evaluating loan applications for plant-related projects.

## Cosponsors (4)

- Rep. Simon, Lateefah [D-CA-12] (D-CA), 2025-10-14T00:00:00.000Z
- Rep. Vindman, Eugene Simon [D-VA-7] (D-VA), 2025-10-31T00:00:00.000Z
- Rep. Cisneros, Gilbert Ray [D-CA-31] (D-CA), 2025-11-17T00:00:00.000Z
- Rep. Goodlander, Maggie [D-NH-2] (D-NH), 2025-11-25T00:00:00.000Z

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2026-01-20T00:00:00.000Z | house | On Motion to Suspend the Rules and Pass | Passed | 383 | 8 |

## Provisions PRIA read

- New rules for small business plant loans: mixed, medium. If enacted, this would change rules for loans backed by the Small Business Administration. These loans cover buying, building, converting, or expanding a plant. The bill would remove two listed clauses, add "or" to the first clause, and renumber another clause. It would also update a cross-referenc…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-909: Crime Victims Fund Stabilization Act of 2025
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-5221: PART Act
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025

## Sources
- [119-hr-5763 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5763)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-909: Crime Victims Fund Stabilization Act of 2025](https://policyrisk.com/legislation/119-hr-909)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-5221: PART Act](https://policyrisk.com/legislation/119-hr-5221)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5763 (as of 2026-09-10).