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.
CRS summary — Reported to House (2025-12-12)
| Date | Chamber | Question | Yea–Nay | Result | |
|---|---|---|---|---|---|
| 2026-01-20 | House | On Motion to Suspend the Rules and Pass | 383–8 | Passed |
Senate counts are senators only; a Vice President tie-breaking vote is not included (e.g. 50–50, passed).
