CEASE Act of 2025
119-HR-2987119th CongressIntroduced Apr 24, 2025Commerce
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsor
Rep. Bresnahan, Robert [R-PA-8](R-PA-8)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.
Subjects
Government lending and loan guaranteesLicensing and registrationsSmall business
Actions (23)
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 9, 2025Senate
Motion to reconsider laid on the table Agreed to without objection.
Jun 5, 2025House floor actions
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, 2025House floor actionsRECORDED 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)
Jun 5, 2025Library of CongressRECORDED VOTE
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Jun 5, 2025House floor actionsRECORDED VOTE
Considered as unfinished business. (consideration: CR H2493-2494)
Jun 5, 2025House floor actions
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, 2025House floor actions
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Jun 5, 2025House floor actions
Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
Jun 5, 2025House floor actions
The previous question was ordered pursuant to the rule.
Jun 5, 2025House floor actions
DEBATE - The House proceeded with one hour of debate on H.R. 2987.
Jun 5, 2025House floor actions
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, 2025House floor actions
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
Jun 5, 2025House floor actions
Rule H. Res. 458 passed House.
Jun 4, 2025House floor actions
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.
Jun 3, 2025House floor actions
Placed on the Union Calendar, Calendar No. 79.
May 21, 2025House floor actions
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21, 2025House floor actions
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21, 2025Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 30, 2025House committee actions
Committee Consideration and Mark-up Session Held
Apr 30, 2025House committee actions
Referred to the House Committee on Small Business.
Apr 24, 2025House floor actions
Introduced in House
Apr 24, 2025Library of Congress
Introduced in House
Apr 24, 2025Library of Congress