119th CONGRESS 2d Session |
January 26 (legislative day, January 15), 2026
Received; read twice and referred to the Committee on Small Business and Entrepreneurship
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Main Street Parity Act”.
SEC. 2. Modification to criteria for loans for plant acquisition, construction, conversion or expansion.
(a) In general.—Section 502(3)(C) of the Small Business Investment Act of 1958 (15 U.S.C. 696(3)(C)) is amended—
(1) by striking clauses (ii) and (iii);
(2) in clause (i), by inserting “or” at the end; and
(3) by redesignating clause (iv) as clause (ii).
(b) Conforming amendment.—Section 502(3)(B)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(3)(B)(ii)) is amended by striking “clauses (i), (ii), or (iii) of subparagraph (C)” and inserting “clause (i) of subparagraph (C)”.
Passed the House of Representatives January 20, 2026.
| Attest: | kevin f. mccumber, |
| Clerk. |