H.R. 2987 · 119th Congress · Commerce
CEASE Act of 2025
Limits the number of for-profit small business lending companies authorized to make 7(a) loans to 16. AI-read
What it does
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, Apr 24, 2025 (Introduced in House). CRS summarizes bills impartially; it does not take positions.
Roll call votes
| Date | Question | Party split (yea) | Result |
|---|---|---|---|
| Jun 5, 2025 House roll 153 |
On Motion to RecommitCEASE Act | D 201–0 · R 0–212 |
Failed 201–212 |
| Jun 5, 2025 House roll 154 |
On PassageCEASE Act | D 3–198 · R 211–0 |
Passed 214–198 |
Latest action
Jun 9, 2025 · Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.