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H.R. 2987119th CongressIN COMMITTEEREPUBLICAN

CEASE Act of 2025

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.

How Congress Voted

House roll call 155 — Jun 5, 2025
424 votes
210(50%)
Yea
195(46%)
Nay
0(0%)
Present
19(4%)
Not voting

Related bills

Bill text versions

Legislative Journey

  1. Introduced
  2. Committee
  3. Floor
  4. Passed Chamber 1
  5. Passed Chamber 2
  6. Signed
Jun 9, 2025

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

Senate
Jun 5, 2025

Motion to reconsider laid on the table Agreed to without objection.

House
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)

House
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).

House
Jun 5, 2025

Considered as unfinished business. (consideration: CR H2493-2494)

House
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.

House
Jun 5, 2025

The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.

House
Jun 5, 2025

Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)

House
Jun 5, 2025

The previous question was ordered pursuant to the rule.

House
Jun 5, 2025

DEBATE - The House proceeded with one hour of debate on H.R. 2987.

House
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.

House
Jun 5, 2025

Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)

House
Jun 4, 2025

Rule H. Res. 458 passed House.

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.

House
May 21, 2025

Placed on the Union Calendar, Calendar No. 79.

House
May 21, 2025

Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.

House
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.

House
Apr 30, 2025

Committee Consideration and Mark-up Session Held

House
Apr 24, 2025

Referred to the House Committee on Small Business.

House
Apr 24, 2025

Introduced in House

Apr 24, 2025

Introduced in House