H.R. 2987

119th Congress

In Committee

CEASE Act of 2025

Sponsored byRepublican:Rep. Bresnahan, Robert [R-PA-8]PA· Introduced 24 April 2025
Open on Congress.gov

0

Cosponsors

23

Actions

1

Amendments

2

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

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

9 June 2025·1 year ago

Summary

Introduced in House · Updated 3 June 2025

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.

Timeline

23 actions

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

    9 June 2025 · IntroReferral

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

    5 June 2025 · Floor

  3. 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.

    5 June 2025 · Floor

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

    5 June 2025 · Floor

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

    5 June 2025 · Floor

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

    5 June 2025 · Floor

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

    5 June 2025 · Floor

  8. DEBATE - The House proceeded with one hour of debate on H.R. 2987.

    5 June 2025 · Floor

  9. 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.

    5 June 2025 · Floor

  10. Considered as unfinished business. (consideration: CR H2493-2494)

    5 June 2025 · Floor

  11. The previous question was ordered pursuant to the rule.

    5 June 2025 · Floor

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

    5 June 2025 · Floor

  13. 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)

    5 June 2025 · Floor

  14. Rule H. Res. 458 passed House.

    4 June 2025 · Floor

  15. 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.

    3 June 2025 · Floor

  16. Placed on the Union Calendar, Calendar No. 79.

    21 May 2025 · Calendars

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

    21 May 2025 · Committee

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

    21 May 2025 · Committee

  19. Committee Consideration and Mark-up Session Held

    30 April 2025 · Committee

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

    30 April 2025 · Committee

3 earlier actionsView all on Congress.gov

Sponsorship

0 cosponsors

Sponsor

Republican:Rep. Bresnahan, Robert [R-PA-8]PA

Classification

Policy area

Commerce

Legislative subjects

Government lending and loan guaranteesLicensing and registrationsSmall business

Committees

2

  • Small Business Committee

    House · Standing

    • Referred To24 Apr 2025
    • Markup By30 Apr 2025
    • Reported By21 May 2025
    • Unknown5 Jun 2025
    • Unknown5 Jun 2025

  • Small Business and Entrepreneurship Committee

    Senate · Standing

    • Referred To9 Jun 2025

Reports

Amendments

1

  • HAMDT 28Agreed

    5 June 2025

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