Bills · 119th Congress · Commerce

CEASE Act of 2025

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Roll calls on this bill

Votes on passage
HouseOn Passage · 6/5/25PassageThe vote on whether this chamber approves the measure — usually by a simple majority of those voting. It becomes law only once both chambers pass the same text and the president signs it, or Congress overrides a veto.House: The Legislative Process ↗
Passed
  • Democratic3 Yea · 198 Nay · 11 Not voting
  • Republican210 Yea · 0 Nay · 9 Not voting
  • Independent / Other1 Yea · 0 Nay · 0 Not voting
Official summary (CRS)

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.

Full text on congress.gov ↗
Sponsor
Rep. Robert P. Bresnahan, Jr. ( Republican · PA-8)
Cosponsors
0
Introduced
4/24/25
Policy area
Commerce
Status
4/24/25Referred to the House Committee on Small Business.
4/24/25Introduced in House
4/30/25Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
4/30/25Committee Consideration and Mark-up Session Held
5/21/25Placed on the Union Calendar, Calendar No. 79.
5/21/25Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
6/3/25Rules 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.
6/4/25Rule H. Res. 458 passed House.
6/5/25Motion to reconsider laid on the table Agreed to without objection.
6/5/25On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
6/5/25Passed/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)
6/5/25On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
6/5/25Considered as unfinished business. (consideration: CR H2493-2494)
6/5/25POSTPONED 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.
6/5/25The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
6/5/25Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
6/5/25The previous question was ordered pursuant to the rule.
6/5/25DEBATE - The House proceeded with one hour of debate on H.R. 2987.
6/5/25Rule 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.
6/5/25Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
6/9/25Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.