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Final outcomes
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119th Congress · H.R. 2987 · Final

CEASE Act of 2025

Capping Excessive Awarding of SBLC Entrants Act or the CEASE Act This bill limits the number of for-profit small business lending companies that are authorized make 7(a) loans to not more than 16 at any time.

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SubjectsGovernment lending and loan guaranteesLicensing and registrationsSmall business
Sponsor
Robert P. Bresnahan Jr., R-PA-8
1 term · @RepBresnahan
1133 Longworth House Office Building Washington DC 20515-3808 · 202-225-5546
Committees (2)
  • Small Business and Entrepreneurship Committee
    Senate Standing · Activity Jun 9, 2025
  • Small Business Committee
    House Standing · Activity Jun 5, 2025
Actions (23)
  1. Jun 9, 2025 · via Senate
    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  2. Jun 5, 2025 · via House floor actions
    Motion to reconsider laid on the table Agreed to without objection.
  3. Jun 5, 2025 · via House floor actions
    On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
  4. Jun 5, 2025 · via Library of Congress
    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
  5. Jun 5, 2025 · via House floor actions
    On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
  6. Jun 5, 2025 · via House floor actions
    Considered as unfinished business. (consideration: CR H2493-2494)
  7. Jun 5, 2025 · via House floor actions
    POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 2987, the Chair put the question on motion to recommit and by voice vote, announced that the noes had prevailed. Ms. Velazquez demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
  8. Jun 5, 2025 · via House floor actions
    The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
  9. Jun 5, 2025 · via House floor actions
    Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
  10. Jun 5, 2025 · via House floor actions
    The previous question was ordered pursuant to the rule.
  11. Jun 5, 2025 · via House floor actions
    DEBATE - The House proceeded with one hour of debate on H.R. 2987.
  12. Jun 5, 2025 · via House floor actions
    Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.
  13. Jun 5, 2025 · via House floor actions
    Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
  14. Jun 4, 2025 · via House floor actions
    Rule H. Res. 458 passed House.
  15. Jun 3, 2025 · via House floor actions
    Rules Committee Resolution H. Res. 458 Reported to House. Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.
  16. May 21, 2025 · via House floor actions
    Placed on the Union Calendar, Calendar No. 79.
  17. May 21, 2025 · via House floor actions
    Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
  18. May 21, 2025 · via Library of Congress
    Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
  19. Apr 30, 2025 · via House committee actions
    Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
  20. Apr 30, 2025 · via House committee actions
    Committee Consideration and Mark-up Session Held
  21. Apr 24, 2025 · via House floor actions
    Referred to the House Committee on Small Business.
  22. Apr 24, 2025 · via Library of Congress
    Introduced in House
  23. Apr 24, 2025 · via Library of Congress
    Introduced in House
Known as

Capping Excessive Awarding of SBLC Entrants Act of 2025

IntroducedApr 24, 2025
Policy areaCommerce
RelatedH.Res. 458

Constitutional authority cited

[Congressional Record Volume 171, Number 69 (Thursday, April 24, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BRESNAHAN:H.R. 2987.Congress has the power to enact this legislation pursuantto the following:``Clause 1 of section 8 of article I of the Constitution,to ``provide for the common defense and general welfare ofthe United States.''[Page H1624]
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