119th Congress
H.R. 2987
CEASE Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Robert P. Bresnahan, Jr.(R-PA)
- Introduced
- Apr 24, 2025
- Policy area
- Commerce
- Committees
- House Committee on Small Business; Senate Committee on Small Business and Entrepreneurship
- Official text
- Referred in Senate · Congress.gov page
Cosponsors (0)
No cosponsors.
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
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.
Roll-call votes
| Date | Vote | Result | Your members |
|---|---|---|---|
| Jun 5, 2025 House #155 | On Passage: CEASE Act | Passed | Set your home to see |
| Jun 5, 2025 House #154 | On Motion to Recommit: CEASE Act | Failed | Set your home to see |
Actions
- Jun 9, 2025 · Senate
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. - Jun 5, 2025 · House
Motion to reconsider laid on the table Agreed to without objection. - Jun 5, 2025 · 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 · House
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154). - Jun 5, 2025 · House
Considered as unfinished business. (consideration: CR H2493-2494) - Jun 5, 2025 · House
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 5, 2025 · House
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX. - Jun 5, 2025 · House
Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491) - Jun 5, 2025 · House
The previous question was ordered pursuant to the rule. - Jun 5, 2025 · House
DEBATE - The House proceeded with one hour of debate on H.R. 2987. - Jun 5, 2025 · 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. - Jun 5, 2025 · House
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491) - Jun 4, 2025 · House
Rule H. Res. 458 passed House. - Jun 3, 2025 · House
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 · House
Placed on the Union Calendar, Calendar No. 79. - May 21, 2025 · House
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 · House
Referred to the House Committee on Small Business. - Apr 24, 2025
Introduced in House