Who it affects
- Small businesses borrowing for limited-use or single-purpose properties
Passed the HouseSmall business
Main Street Parity Act
H.R. 5763 · House bill · Introduced Oct. 14, 2025
The Main Street Parity Act would lower required borrower contributions for certain Small Business Administration loans for small businesses buying, building, converting, or expanding facilities.
What stands out
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At a glance
Where it stands
Passed the House 383 to 8 on Jan. 20.
How South Carolina voted
Lobbying and money
No lobbying reported yet
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
What it would do
- The bill would lower the amount borrowers must contribute toward certain Small Business Administration loans.
- These loans cover buying, building, converting, or expanding facilities, including buying land.
- For limited-use or single-purpose properties, required contributions would drop by 5% of the project's total cost.
Written with AI from the official summary by Congress's research office.
How South Carolina voted
House vote coverage is incomplete for 2025–2026. Vote and flagged-bill counts reflect imported records only; missing votes don't mean a member didn't vote.
House vote
Vote to pass
Fast-track vote that needs two-thirds
Jan. 20, 2026 · Passed 383 to 8
- Republicans
- 188 yes
- 6 no
- Democrats
- 195 yes
- 2 no
Groups that lobbied on it and gave to SC's members
PAC, lobbyist campaign and qualifying employee money this election, shown separately and never added together. Lobbying reports name the bills a group worked on, not which side it took.
No lobbying reported yet. Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published.
Official record
Official title, sponsor and status
- Official title
- 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.
- Sponsor
- Rep. Williams, Roger (R-TX)
- Introduced
- Oct. 14, 2025
- Cosponsors
- 4
- Committees
- Senate Small Business and Entrepreneurship Committee; House Small Business Committee
- Latest action
- Jan. 26, 2026 · Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Official summary from the Congressional Research Service
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.
Summary on Congress.gov ↗Everyone who lobbied on this bill (0 groups)
No lobbying report we have loaded names this bill. That doesn't mean no lobbying took place.
Lobbyists report every three months, about 20 days after each quarter ends. We have January 2025 through September 2026 reports. Newer reports will be added once filed and published. Reports for October through December 2026 are due January 20, 2027.