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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.
Introduced
Apr 24, 2025
Last Action
Jun 9, 2025
Session
119th Congress
Sponsors
1 primary · 0 co
Passage Probability
2% — Very Low
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Considered as unfinished business.
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155).
Motion to reconsider laid on the table Agreed to without objection.
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.
Considered under the provisions of rule H. Res. 458.
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.
DEBATE - The House proceeded with one hour of debate on H.R. 2987.
The previous question was ordered pursuant to the rule.
Ms. Velazquez moved to recommit to the Committee on Small Business.
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Rule H. Res. 458 passed House.
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.
Placed on the Union Calendar, Calendar No. 79.
Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
Committee Consideration and Mark-up Session Held
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Introduced in House
Referred to the House Committee on Small Business.
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2%
Estimate based on legislative signals
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Upgrade to ProReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.