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H.R. 2987 119th Congress House

CEASE Act of 2025

Official title: To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.

Introduced: April 24, 2025 Introduced by: Robert P. Bresnahan, Jr. Republican · Pennsylvania See on congress.gov
Commerce Government lending and loan guaranteesLicensing and registrationsSmall business
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 Everywhere this bill has been 20 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2025
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 5, 2025
On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
Jun 5, 2025
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.
Jun 5, 2025
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Jun 5, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jun 5, 2025
Considered as unfinished business. (consideration: CR H2493-2494)
Jun 5, 2025
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Jun 5, 2025
Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
Jun 5, 2025
The previous question was ordered pursuant to the rule.
Jun 5, 2025
DEBATE - The House proceeded with one hour of debate on H.R. 2987.
Jun 5, 2025
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
Jun 5, 2025
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.
Jun 4, 2025
Rule H. Res. 458 passed House.
Jun 3, 2025
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.
May 21, 2025
Placed on the Union Calendar, Calendar No. 79.
May 21, 2025
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
Apr 30, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 30, 2025
Committee Consideration and Mark-up Session Held
Apr 24, 2025
Introduced in House
Apr 24, 2025
Referred to the House Committee on Small Business.
 Votes taken on this bill 2
DateChamberWhat was voted onResultYes–No
Jun 5, 2025 House · vote #155 On Passage Passed 214–198 See who voted →
Jun 5, 2025 House · vote #154 On Motion to Recommit Failed 201–212 See who voted →
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

1 agreed to

AmendmentSponsorPurposeStatusLatest action
HAMDT 28 – Pursuant to the provisions of H. Res. 458, the amendment in the nature of a substitute recommended by the Com… Agreed to Jun 5, 2025
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What's happening now June 9, 2025

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Plain-English summary 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.

 Hearings & markups 2
 Related & companion bills 1
  • HRES 458 Procedurally related Providing for consideration of the bill (H.R. 2483) to reauthorize certain programs that provide for opioid use disorde…
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 22

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

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APA
U.S. Congress. (2026). H.R. 2987: CEASE Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-2987/
MLA
"H.R. 2987: CEASE Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-2987/.
Bluebook (legal)
H.R. 2987, 119th Cong. (2026), https://openamerica.io/bill/119-HR-2987/.
Markdown link
[H.R. 2987: CEASE Act of 2025](https://openamerica.io/bill/119-HR-2987/)
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