House bill · H.R. 2987 (119th Congress)

CEASE Act of 2025

U.S. House of Representatives

Latest action Jun 9, 2025

Sponsor: Robert P. Bresnahan, Jr. (U.S. Representative, PA-8, Republican)

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From Congress.gov and official rosters. This record was last updated Aug 2, 2026. About our data

Summary

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.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Passed one of the two chambers; it still needs the other.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

Committee

House Committee on Small Business · U.S. House of Representatives

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H.Res. 458Providing for consideration of the bill (H.R. 2483) to reauthorize certain programs that provide for opioid use disorder prevention, treatment, and recovery, and for other purposes; providing for consideration of the bill (H.R. 2931) to direct the Administrator of the Small Business Administration to relocate certain offices of the Small Business Administration in sanctuary jurisdictions, and for other purposes; providing for consideration of the bill (H.R. 2966) to require the Administrator of the Small Business Administration to require an applicant for certain loans of the Administration to provide certain citizenship status documentation, and for other purposes; and providing for consideration of the bill (H.R. 2987) to amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.Procedurally related

As identified by Congress.gov.

Full history

Jun 9, 2025
In committee
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
U.S. House
Jun 9, 2025
Sent to the executive
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
U.S. Senate
Jun 5, 2025
Debate - the House Proceeded With One Hour of Debate on H.R. 2987.
DEBATE - The House proceeded with one hour of debate on H.R. 2987.
U.S. House of Representatives
Jun 5, 2025
Passed a chamber
Motion to reconsider laid on the table Agreed to without objection.
Jun 5, 2025
Passed a chamber
Motion to reconsider laid on the table Agreed to without objection.

Show full history (22 earlier events)

Jun 5, 2025
Passed a chamber
Motion to reconsider laid on the table Agreed to without objection.
Jun 5, 2025
On Motion to Recommit Failed by the Yeas and Nays: 201 - 212 (roll no. 154).
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Jun 5, 2025
On Motion to Recommit Failed by the Yeas and Nays: 201 - 212 (roll no. 154).
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Jun 5, 2025
On Motion to Recommit Failed by the Yeas and Nays: 201 - 212 (roll no. 154).
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Jun 5, 2025
Passed a chamber
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)
U.S. House of Representatives
Jun 4, 2025
Passed a chamber
Rule H. Res. 458 passed House.
U.S. House of Representatives
Jun 3, 2025
Reported out of committee
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.
U.S. House of Representatives
May 21, 2025
Placed on the Union Calendar, Calendar No. 79.
May 21, 2025
Placed on the Union Calendar, Calendar No. 79.
May 21, 2025
Placed on the Union Calendar, Calendar No. 79.
May 21, 2025
Reported out of committee
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21, 2025
Reported out of committee
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21, 2025
Reported out of committee
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
Apr 30, 2025
Committee vote
Committee Consideration and Mark-up Session Held
Apr 30, 2025
Committee vote
Committee Consideration and Mark-up Session Held
Apr 30, 2025
Committee vote
Committee Consideration and Mark-up Session Held
Apr 30, 2025
Reported out of committee
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 30, 2025
Reported out of committee
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 30, 2025
Reported out of committee
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 24, 2025
Introduced
Introduced in House
U.S. House of Representatives
Apr 24, 2025
Introduced
Introduced in U.S. House
U.S. House
Apr 24, 2025
Referred to committee
Referred to the House Committee on Small Business.
U.S. House of Representatives

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