United States · Bill · HR
H.R. 2987 (119th)
CEASE Act of 2025
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
24 April 2025
Introduced
Referred to the House Committee on Small Business.
Source: IntroReferral
24 April 2025
Introduced
Introduced in House
Source: IntroReferral
24 April 2025
Introduced
Introduced in House
Source: IntroReferral
30 April 2025
Vote
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Source: Committee
30 April 2025
Committee
Committee Consideration and Mark-up Session Held
Source: Committee
21 May 2025
Calendars
Placed on the Union Calendar, Calendar No. 79.
Source: Calendars
21 May 2025
Reported
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
Source: Committee
21 May 2025
Reported
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
Source: Committee
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
4 June 2025
Passed
Rule H. Res. 458 passed House.
Source: Floor
5 June 2025
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
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
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
5 June 2025
Vote
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Source: Floor
5 June 2025
Floor
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Source: Floor
5 June 2025
Floor
Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
Source: Floor
5 June 2025
Floor
The previous question was ordered pursuant to the rule.
Source: Floor
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
5 June 2025
Floor
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
Source: Floor
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
- Rep. Bean, Aaron [R-FL-4]Yea
- Rep. Hamadeh, Abraham J. [R-AZ-8]Yea
- Rep. Gray, Adam [D-CA-13]Nay
- Rep. Smith, Adam [D-WA-9]Nay
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
- Rep. Bean, Aaron [R-FL-4]Nay
- Rep. Hamadeh, Abraham J. [R-AZ-8]Nay
- Rep. Gray, Adam [D-CA-13]Yea
- Rep. Smith, Adam [D-WA-9]Yea
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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Leesvertaling
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Referred in Senate
Referred in Senate · EN · 9 June 2025
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
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Sponsors
- Rep. Bresnahan, Robert P. [R-PA-8] · R · Sponsor
- · sssb00 · Standing
- · hssm00 · Standing
Related records
- related to ← Providing for consideration of the bill (H.R. 2483) to reauthorize certain programs that provide for opioid use disorder prevention, treatment, and recovery, and for other purposes; providing for consideration of the bill (H.R. 2931) to direct the Administrator of the Small Business Administration to relocate certain offices of the Small Business Administration in sanctuary jurisdictions, and for other purposes; providing for consideration of the bill (H.R. 2966) to require the Administrator of the Small Business Administration to require an applicant for certain loans of the Administration to provide certain citizenship status documentation, and for other purposes; and providing for consideration of the bill (H.R. 2987) to amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
- amends ← Pursuant to the provisions of H. Res. 458, the amendment in the nature of a substitute recommended by the Committee on Small Business now printed in the bill is considered as adopted.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/119th-congress/house-bill/2987
- Open data entity: https://api.congress.gov/v3/bill/119/hr/2987
- us · 119-hr-2987 · source updated 11 July 2026