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Bill · 119th Congress · HR 2987

CEASE Act of 2025

Refreshed 2 h ago

Introduced 2025-04-24Topic: economy jobs

Summary

Summary by the Congressional Research Service

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.

Full text and official record on Congress.gov

Sponsors

Recorded votes

DateChamberQuestionResultYeasNays
2025-06-05House roll 155On PassagePassed214198
2025-06-05House roll 154On Motion to RecommitFailed201212

Action history

DateChamberActionStatus effect
2025-06-09SenateReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.refer
2025-06-05HouseMotion to reconsider laid on the table Agreed to without objection.
2025-06-05HouseOn passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
2025-06-05Passed/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)floor pass
2025-06-05HouseOn motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
2025-06-05HouseConsidered as unfinished business. (consideration: CR H2493-2494)
2025-06-05HousePOSTPONED 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.
2025-06-05HouseThe previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
2025-06-05HouseMs. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
2025-06-05HouseThe previous question was ordered pursuant to the rule.
2025-06-05HouseDEBATE - The House proceeded with one hour of debate on H.R. 2987.
2025-06-05HouseRule 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.
2025-06-05HouseConsidered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
2025-06-04HouseRule H. Res. 458 passed House.
2025-06-03HouseRules 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.
2025-05-21HousePlaced on the Union Calendar, Calendar No. 79.
2025-05-21HouseReported (Amended) by the Committee on Small Business. H. Rept. 119-107.report
2025-05-21Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.report
2025-04-30HouseOrdered to be Reported (Amended) by the Yeas and Nays: 15 - 11.refer
2025-04-30HouseCommittee Consideration and Mark-up Session Heldrefer
2025-04-24HouseReferred to the House Committee on Small Business.refer
2025-04-24Introduced in Houseintroduce
2025-04-24Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.