Open Eye

A plain-language record of the U.S. government

119th Congress · House

Main Street Parity Act

Subjects: Building construction · Economic development · Government lending and loan guarantees · Small business · Commerce

In plain language

  • House bill in the 119th Congress.
  • Lessens the financing requirements for certain Small Business Administration loans to small businesses for plant acquisition, construction, conversion.
  • House passed it on Jan 20, 2026 (substantive).
Official summary (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.

View this measure on congress.gov

Roll-call votes on this measure