CEASE Act of 2025

Bill: 119-hr-2987
Sponsor: Rep. Bresnahan, Robert [R-PA-8]
Introduced: 2025-04-24 in the House
Policy area: Commerce
Subjects: Administrative remedies
Government lending and loan guarantees
Licensing and registrations
Small Business Administration
Small business

Summary:
action_date: 2025-04-24
text: 

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.


Legislative actions:
action_date: 2025-06-09
text: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
action_date: 2025-06-05
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2025-06-05
text: On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
action_date: 2025-06-05
text: 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)
action_date: 2025-06-05
text: On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
action_date: 2025-06-05
text: Considered as unfinished business. (consideration: CR H2493-2494)
action_date: 2025-06-05
text: 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.
action_date: 2025-06-05
text: The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
action_date: 2025-06-05
text: Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
action_date: 2025-06-05
text: The previous question was ordered pursuant to the rule.
action_date: 2025-06-05
text: DEBATE - The House proceeded with one hour of debate on H.R. 2987.
action_date: 2025-06-05
text: 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.
action_date: 2025-06-05
text: Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
action_date: 2025-06-04
text: Rule H. Res. 458 passed House.
action_date: 2025-06-03
text: 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.
action_date: 2025-05-21
text: Placed on the Union Calendar, Calendar No. 79.
action_date: 2025-05-21
text: Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
action_date: 2025-05-21
text: Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
action_date: 2025-04-30
text: Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
action_date: 2025-04-30
text: Committee Consideration and Mark-up Session Held
action_date: 2025-04-24
text: Referred to the House Committee on Small Business.
action_date: 2025-04-24
text: Introduced in House
action_date: 2025-04-24
text: Introduced in House