H.R. 2987 · 119th Congress
CEASE Act of 2025
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No cosponsors.
- House Introduced Apr 24, 2025
- House Passed Jun 5, 2025 214–198
Capping Excessive Awarding of SBLC Entrants Act or the CEASE Act
What it does: CRS summary · Introduced in House · Apr 24, 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: CEASE Act of 2025
Also known as: CEASE Act; Capping Excessive Awarding of SBLC Entrants Act; Capping Excessive Awarding of SBLC Entrants Act of 2025
Latest action (Jun 9, 2025): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: House · Introduced: Apr 24, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Apr 24, 2025
- House Passed Jun 5, 2025 214–198
Final vote · House · Jun 5, 2025
Passage — Passed. Vote details
Speaker of the House: Mike Johnson
Table of every position
All recorded votes (2)
- Passage Passed
House · Jun 5, 2025 · “On Passage” · Speaker: Mike Johnson - Sending back to committee (motion to recommit) Failed
House · Jun 5, 2025 · “On Motion to Recommit” · Speaker: Mike Johnson