H.R. 5763 · Where this bill is now
In the Senate
Passed the House Jan 20, 2026. Received Jan 26, 2026; no Senate vote yet
What this bill does
In plain words · AI-written from the official summaryReduces down payment requirements for small business loans
The Small Business Administration helps small businesses get loans to buy or build facilities. Right now, borrowers have to put down a certain amount of their own money (called equity) before they can borrow the rest. This bill makes it easier by reducing how much owners need to put down by 5% when they're borrowing to acquire, construct, convert, or expand property—especially for properties with limited or single uses.
How it affects you
If you own a small business and want to borrow money to buy land or build a facility, this bill could help you get financing with a smaller down payment. It makes it a bit easier for small business owners to access these loans without having to save as much of their own cash upfront.
Read the official summary (Reported to House, Dec 12, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 5763
AN ACT
Main Street Parity Act
Sponsor: Rep. Roger Williams (R-TX-25) · Introduced Oct 14, 2025 · Commerce · 4 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jan 26, 2026: “Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.”
How Congress voted
Official roll callsHouse · On Motion to Suspend the Rules and Pass · Jan 20, 2026
Motion to Suspend the Rules and Pass Passed 383–8
| Party | Yes | No | Didn’t vote |
|---|---|---|---|
| Democrats | 195 | 2 | 16 |
| Republicans | 188 | 6 | 24 |
8 members voted against most of their party: 2 Democrats voted No and 6 Republicans voted No.
Congress votes on whole bills and amendments, not on single sections.
Sections
The wording of this bill hasn’t changed across its 4 official versions.