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United States · Bill · HR

H.R. 2987 (119th)

CEASE Act of 2025

referredUnited States· United States Congress· EN

Introduced

24 April 2025

Last action

9 June 2025 · Introduced

Status

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

Sponsors

Rep. Bresnahan, Robert P. [R-PA-8]

Subjects

Discovery layer

Source updated

11 July 2026

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 24 April 2025

    Introduced

    Referred to the House Committee on Small Business.

    Source: IntroReferral

  2. 24 April 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 24 April 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 30 April 2025

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.

    Source: Committee

  5. 30 April 2025

    Committee

    Committee Consideration and Mark-up Session Held

    Source: Committee

  6. 21 May 2025

    Calendars

    Placed on the Union Calendar, Calendar No. 79.

    Source: Calendars

  7. 21 May 2025

    Reported

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

    Source: Committee

  8. 21 May 2025

    Reported

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

    Source: Committee

  9. 3 June 2025

    Reported

    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.

    Source: Floor

  10. 4 June 2025

    Passed

    Rule H. Res. 458 passed House.

    Source: Floor

  11. 5 June 2025

    Passed

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

    Source: Floor

  12. 5 June 2025

    Vote

    On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)

    Source: Floor

  13. 5 June 2025

    Vote

    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)

    Source: Floor

  14. 5 June 2025

    Vote

    On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).

    Source: Floor

  15. 5 June 2025

    Floor

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

    Source: Floor

  16. 5 June 2025

    Floor

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

    Source: Floor

  17. 5 June 2025

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

  18. 5 June 2025

    Floor

    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.

    Source: Floor

  19. 5 June 2025

    Floor

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

    Source: Floor

  20. 9 June 2025

    Introduced

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

    Source: IntroReferral

Votes

5 June 2025 · passed · On Passage · Passed · Official source

Yes 214 · No 198 · Abstain — · Absent/not voting 20

Showing the first 4 recorded positions. Vote totals above are complete.

5 June 2025 · failed · On Motion to Recommit · Failed · Official source

Yes 201 · No 212 · Abstain — · Absent/not voting 19

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

5 official files

Referred in Senate

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  • Referred in Senate

    Referred in Senate · EN · 9 June 2025

    ViewDownloadOpen at official source

  • Engrossed in House

    Engrossed in House · EN · 5 June 2025

    ViewDownloadOpen at official source

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  • Reported in House

    Reported in House · EN · 21 May 2025

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  • Introduced in House

    Introduced in House · EN · 24 April 2025

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  • Introduced in House

    summary · EN · 24 April 2025

    Open at official source

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Sponsors

Related records

Sources

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