Small business
4 evidence matches
Impact 100% Confidence 90%
Small business
Small Business and Entrepreneurship Committee Standing Senate
Small Business Committee Standing House
HR 2987 - 119CEASE Act of 2025
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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Affected Sectors
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Finance and banking
1 evidence matches
Impact 87% Confidence 82%
Government lending and loan guarantees
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Summary
00 Introduced in House Jun 3, 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.
Sponsors
![Rep. Bresnahan, Robert [R-PA-8]](https://www.congress.gov/img/member/6774236f0b34857ecc90905f_200.jpg)
Website
N/A
Phone
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Office
N/A
Timeline
Jun 9, 2025
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 5, 2025
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
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
DEBATE - The House proceeded with one hour of debate on H.R. 2987.
Jun 5, 2025
The previous question was ordered pursuant to the rule.
Jun 5, 2025
Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
Jun 5, 2025
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
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
Considered as unfinished business. (consideration: CR H2493-2494)
Jun 5, 2025
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
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 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
Motion to reconsider laid on the table Agreed to without objection.
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
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21, 2025
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21, 2025
Placed on the Union Calendar, Calendar No. 79.
Apr 30, 2025
Committee Consideration and Mark-up Session Held
Apr 30, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 24, 2025
Introduced in House
Apr 24, 2025
Introduced in House
Apr 24, 2025
Referred to the House Committee on Small Business.
House Votes
Roll call 155 · Session 1 · Jun 5, 2025
Passed
Roll call 154 · Session 1 · Jun 5, 2025
Failed
Amendments
No amendment records are currently available for this bill.
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