Main Street Parity Act
H.R. 5763119th Congress

Main Street Parity Act

Passed the HouseRep. Roger Williams (R-TX-25)6 sections · 1 min read
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Section 1. Short title

This Act may be cited as the Main Street Parity Act.

(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).

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