Install
Capping Excessive Awarding of SBLC Entrants Act of 2025
To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
- Introduced
- Committee
- Passed House
- Passed Senate
- To President
- Became law
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.
Summary by the Congressional Research Service, Library of Congress.
Roll-call votes
Actions
- Jun 9, 2025 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Jun 5, 2025 Motion to reconsider laid on the table Agreed to without objection.
- Jun 5, 2025 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 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, 2025 On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
- Jun 5, 2025 Considered as unfinished business. (consideration: CR H2493-2494)
- Jun 5, 2025 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 The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- Jun 5, 2025 Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
- Jun 5, 2025 The previous question was ordered pursuant to the rule.
- Jun 5, 2025 DEBATE - The House proceeded with one hour of debate on H.R. 2987.
- Jun 5, 2025 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 Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
- Jun 4, 2025 Rule H. Res. 458 passed House.
- Jun 3, 2025 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 Placed on the Union Calendar, Calendar No. 79.
- May 21, 2025 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 Referred to the House Committee on Small Business.
- Apr 24, 2025 Introduced in House
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