HR 2987
119th Congress
House
Commerce
Government lending and loan guarantees
Licensing and registrations
Small business
CEASE Act
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
Motion to reconsider laid on the table Agreed to without objection.
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
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
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
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
Jun 5, 2025
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
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
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21, 2025
Placed on the Union Calendar, Calendar No. 79.
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
| Date | Chamber | What was voted on | Result | Yes–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
1 agreed to
| Amendment | Sponsor | Status |
|---|---|---|
| HAMDT 28 | — | Agreed to |
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Plain-English 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.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Related & companion bills
1
Bill text
4 versions
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
Committees of jurisdiction
2
Lobbying activity
15
Cite this page
U.S. Congress. (2026). H.R. 2987: CEASE Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-2987/
"H.R. 2987: CEASE Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-2987/.
H.R. 2987, 119th Cong. (2026), https://openamerica.io/bill/119-HR-2987/.
[H.R. 2987: CEASE Act of 2025](https://openamerica.io/bill/119-HR-2987/)