H.R. 2987 · 119th Congress
CEASE Act of 2025
CommerceIntroduced April 24, 2025Originated in the House
Latest action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
June 9, 2025
Summary
Capping Excessive Awarding of SBLC Entrants Act or the CEASE ActThis 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.
Source: Congressional Research Service via Congress.gov · as of Jul 11, 2026
How it has moved
- June 9, 2025Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- June 5, 2025Motion to reconsider laid on the table Agreed to without objection.
- June 5, 2025On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
- June 5, 2025Passed/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)
- June 5, 2025On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
- June 5, 2025Considered as unfinished business. (consideration: CR H2493-2494)
- June 5, 2025POSTPONED 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.
- June 5, 2025The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- June 5, 2025Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
- June 5, 2025The previous question was ordered pursuant to the rule.
- June 5, 2025DEBATE - The House proceeded with one hour of debate on H.R. 2987.
- June 5, 2025Rule 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.
Source: Congress.gov · as of Jul 11, 2026