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Referenced Laws
15 U.S.C. 696(3)(C)
Section 1
1. Short title This Act may be cited as the Main Street Parity Act.
Section 2
2. Modification to criteria for loans for plant acquisition, construction, conversion or expansion Section 502(3)(C) of the Small Business Investment Act of 1958 (15 U.S.C. 696(3)(C)) is amended— by striking clauses (ii) and (iii); in clause (i), by inserting or at the end; and by redesignating clause (iv) as clause (ii). 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).