Roger Williams
01/20/2026 | Press release | Distributed by Public on 01/20/2026 19:44
Congressman Williams Celebrates House Passage of the Main Street Parity Act
WASHINGTON, D.C. - Today, the U.S. House of Representatives passed the Main Street Parity Act (H.R. 5763), advancing bipartisan legislation to expand access to capital for America's small businesses. This bill, introduced by Congressman Roger Williams (TX-25), ensures fair and equal treatment for all industries participating in the Small Business Administration's (SBA) 504 loan program.
Congressman Roger Williams issued the following statement on the passage:
"Main Street businesses are the backbone of our economy," said Congressman Williams. "The Main Street Parity Act levels the playing field by eliminating outdated financing requirements and expanding opportunity for small business owners across the country. I'm proud to see this bipartisan bill pass the House and move one step closer to becoming law."
The legislation was previously reported favorably by the House Small Business Committee with unanimous bipartisan support.
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Background:
H.R. 5763 modernizes the SBA 504 loan program by removing an outdated provision that requires small businesses operating on limited or single-purpose properties to contribute an additional five percent in equity compared to other borrowers.
By standardizing equity requirements across industries, the bill lowers barriers to entry for entrepreneurs, encourages investment in local infrastructure, and strengthens Main Street businesses nationwide.
Cosponsors include Reps. Lateefah Simon (D-California), Eugene Vindman (D-Virginia), Gilbert Ray Cisneros (D-California), and Maggie Goodlander (D-New Hampshire).
Click here to view the bill.
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Congressman Roger Williams is the Chairman of the House Small Business Committee and a member of the House Financial Services Committee. He proudly represents the 25th Congressional District of Texas.
Roger Williams published this content on January 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 21, 2026 at 01:44 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]