Bill makes SBA factory loans easier to get.
H.R. 5763 — Main Street Parity Act · Filed by Roger Williams (R-TX) · 4 cosponsors · Introduced Oct 14, 2025 · Passed chamber
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What it does
The bill changes rules for Small Business Administration loans. These loans help small businesses buy, build, fix up, or expand factories. The bill removes two old rules that made loans hard to get. It combines the other rules into one simpler rule.
Who it affects
Small businesses that want to expand factories can more easily get SBA loans. Banks and lenders that give out SBA loans may have more customers.
One thing to notice
The bill removes two old rules, but the text does not say what those rules were.
From the analysis of the bill text, linked under Primary records below.
Where it stands
4 cosponsors: 4 Democrats.
- Oct 14, 2025 — Introduced · Congress.gov: “Introduced in House”
- Oct 14, 2025 — Referred to House Committee on Small Business and Senate Committee on Small Business and Entrepreneurship · Congress.gov: “Referred to the House Committee on Small Business”
- Nov 18, 2025 — Markup held in committee · Congress.gov: “Committee Consideration and Mark-up Session Held”
- Nov 18, 2025 — Reported out of committee · Congress.gov: “Ordered to be Reported by the Yeas and Nays: 27 - 0”
- Jan 20, 2026 — Passed the House · Congress.gov: “On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 383 - 8…”
- Jan 20, 2026 — Floor vote scheduled · Congress.gov: “Mr. Williams (TX) moved to suspend the rules and pass the bill”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
2 groups reported lobbying about this bill. They filed 2 reports from Dec 2025 to Jun 2026.
Those reports show $81,000 in lobbying spending. Each report lists about 11 bills. So that money was not all for this bill.
More groups named this bill than 41% of bills with any report.
Roger Williams, who sponsored the bill, received $513,351 from PACs for the 2026 election.
- National Association of Development Companies — $51,000 in 1 report
- Small Business & Entrepreneurship Council (sbe Council) — $30,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- Small Business Administration loans — Money the government helps small businesses borrow to buy or build factories.
- expands — Makes bigger or larger.
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
- sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (684 characters) on Jul 2, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,522 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Dec 2025 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 14, 2026 · page rendered 2026-09-22.
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