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HR 2987 119th Congress House Commerce Government lending and loan guarantees Licensing and registrations Small business

CEASE Act of 2025

Introduced: April 24, 2025 Introduced by: Bresnahan, Robert P. Republican · Pennsylvania See on congress.gov
 Everywhere this bill has been 21 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
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)
Jun 5, 2025
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
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
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
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
DateChamberWhat was voted onResultYes–No
Jun 5, 2025 House · vote #155 On Passage Passed 214198 See who voted →
Jun 5, 2025 House · vote #154 On Motion to Recommit Failed 201212 See who voted →
 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.

What's happening now June 9, 2025

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

 Committees of jurisdiction 2