Introduced:
Apr 24, 2025
Policy Area:
Commerce
Congress.gov:
Bill Statistics
23
Actions
0
Cosponsors
1
Summaries
6
Subjects
4
Text Versions
Yes
Full Text
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Latest Action
Jun 9, 2025
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Summaries (1)
Introduced in House
- Apr 24, 2025
00
<p><strong>Capping Excessive Awarding of SBLC Entrants Act or the CEASE Act</strong></p><p>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.</p>
Actions (20 of 23)
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Type: IntroReferral
| Source: Senate
Jun 9, 2025
Motion to reconsider laid on the table Agreed to without objection.
Type: Floor
| Source: House floor actions
| Code: H38310
Jun 5, 2025
5:03 PM
5:03 PM
On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
Type: Floor
| Source: House floor actions
| Code: H37100
Jun 5, 2025
5:03 PM
5:03 PM
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)
Type: Floor
| Source: Library of Congress
| Code: 8000
Jun 5, 2025
5:03 PM
5:03 PM
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Type: Floor
| Source: House floor actions
| Code: H36210
Jun 5, 2025
4:57 PM
4:57 PM
Considered as unfinished business. (consideration: CR H2493-2494)
Type: Floor
| Source: House floor actions
| Code: H30000
Jun 5, 2025
4:50 PM
4:50 PM
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.
Type: Floor
| Source: House floor actions
| Code: H8D000
Jun 5, 2025
1:14 PM
1:14 PM
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Type: Floor
| Source: House floor actions
| Code: H8A000
Jun 5, 2025
1:13 PM
1:13 PM
Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
Type: Floor
| Source: House floor actions
| Code: H36200
Jun 5, 2025
1:13 PM
1:13 PM
The previous question was ordered pursuant to the rule.
Type: Floor
| Source: House floor actions
| Code: H35000
Jun 5, 2025
1:13 PM
1:13 PM
DEBATE - The House proceeded with one hour of debate on H.R. 2987.
Type: Floor
| Source: House floor actions
| Code: H8D000
Jun 5, 2025
12:52 PM
12:52 PM
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.
Type: Floor
| Source: House floor actions
| Code: H8D000
Jun 5, 2025
12:50 PM
12:50 PM
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
Type: Floor
| Source: House floor actions
| Code: H30000
Jun 5, 2025
12:50 PM
12:50 PM
Rule H. Res. 458 passed House.
Type: Floor
| Source: House floor actions
| Code: H1L220
Jun 4, 2025
2:03 PM
2:03 PM
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.
Type: Floor
| Source: House floor actions
| Code: H1L210
Jun 3, 2025
7:20 PM
7:20 PM
Placed on the Union Calendar, Calendar No. 79.
Type: Calendars
| Source: House floor actions
| Code: H12410
May 21, 2025
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
Type: Committee
| Source: House floor actions
| Code: H12200
May 21, 2025
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
Type: Committee
| Source: Library of Congress
| Code: 5000
May 21, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Type: Committee
| Source: House committee actions
| Code: H19000
Apr 30, 2025
Committee Consideration and Mark-up Session Held
Type: Committee
| Source: House committee actions
| Code: H15001
Apr 30, 2025
Showing latest 20 actions
Subjects (6)
Administrative remedies
Commerce
(Policy Area)
Government lending and loan guarantees
Licensing and registrations
Small business
Small Business Administration
Text Versions (4)
Full Bill Text
Length: 1,384 characters
Version: Referred in Senate
Version Date: Jun 9, 2025
Last Updated: Nov 15, 2025 6:08 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2987 Referred in Senate
(RFS) ]
<DOC>
119th CONGRESS
1st Session
H. R. 2987
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 9, 2025
Received; read twice and referred to the Committee on Small Business
and Entrepreneurship
_______________________________________________________________________
AN ACT
To amend the Small Business Act to require a limit on the number of
small business lending companies, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 2987 Referred in Senate
(RFS) ]
<DOC>
119th CONGRESS
1st Session
H. R. 2987
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 9, 2025
Received; read twice and referred to the Committee on Small Business
and Entrepreneurship
_______________________________________________________________________
AN ACT
To amend the Small Business Act to require a limit on the number of
small business lending companies, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Capping Excessive Awarding of SBLC
Entrants Act of 2025'' or the ``CEASE Act of 2025''.
SEC. 2.
Section 23 of the Small Business Act (15 U.
adding at the end the following:
``
(k) Limitation on Number of Small Business Lending Companies.--
The Administrator shall ensure that not more than 16 small business
lending companies that are not nonprofit entities are authorized to
make loans under
``
(k) Limitation on Number of Small Business Lending Companies.--
The Administrator shall ensure that not more than 16 small business
lending companies that are not nonprofit entities are authorized to
make loans under
section 7 at any time.
Passed the House of Representatives June 5, 2025.
Attest:
KEVIN F. MCCUMBER,
Clerk.