HR 2987 119th Congress
CEASE 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.
Official Title as Introduced Congress.gov
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Bill journey
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Introduction Congress.gov
Introduced
Introduced in the House.
Open bill recordOfficial action Congress.gov
Referred to the House Committee on Small Business.
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Introduced in House
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Introduced in House
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Introduced in House
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Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
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Committee Consideration and Mark-up Session Held
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Placed on the Union Calendar, Calendar No. 79.
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Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
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Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
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Reported in House
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Official action Congress.gov · 7:20 pm UTC
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.
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Official action Congress.gov · 2:03 pm UTC
Rule H. Res. 458 passed House.
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Text version Congress.gov
Engrossed in House
A dated text-version record is available.
Open text recordAmendment Congress.gov
HAMDT 28
On agreeing to the Rules amendment (A001) Agreed to without objection.
Open amendment recordOfficial action Congress.gov · 12:50 pm UTC
Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
Open bill recordOfficial action Congress.gov · 12:50 pm UTC
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.
Open bill recordOfficial action Congress.gov · 12:52 pm UTC
DEBATE - The House proceeded with one hour of debate on H.R. 2987.
Open bill recordOfficial action Congress.gov · 1:13 pm UTC
The previous question was ordered pursuant to the rule.
Open bill recordOfficial action Congress.gov · 1:13 pm UTC
Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
Open bill recordOfficial action Congress.gov · 1:13 pm UTC
The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Open bill recordOfficial action Congress.gov · 1:14 pm UTC
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.
Open bill recordOfficial action Congress.gov · 4:50 pm UTC
Considered as unfinished business. (consideration: CR H2493-2494)
Open bill recordOfficial action Congress.gov · 4:57 pm UTC
On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Open bill recordOfficial action Congress.gov · 5:03 pm UTC
On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
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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)
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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Referred in Senate
A dated text-version record is available.
Open text record
View the complete bill journey as an accessible table
| Date and time | Record | Official detail | Source |
|---|---|---|---|
| IntroductionIntroduced | Introduced in the House. | Congress.gov | |
| Official actionReferred to the House Committee on Small Business. | No additional detail supplied.IntroReferral · House floor actions · Code H11100 | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code Intro-H | Congress.gov | |
| Official actionIntroduced in House | No additional detail supplied.IntroReferral · Library of Congress · Code 1000 | Congress.gov | |
| Text versionIntroduced in House | A dated text-version record is available. | Congress.gov | |
| Official actionOrdered to be Reported (Amended) by the Yeas and Nays: 15 - 11. | No additional detail supplied.Committee · House committee actions · Code H19000 | Congress.gov | |
| Official actionCommittee Consideration and Mark-up Session Held | No additional detail supplied.Committee · House committee actions · Code H15001 | Congress.gov | |
| Official actionPlaced on the Union Calendar, Calendar No. 79. | No additional detail supplied.Calendars · House floor actions · Code H12410 | Congress.gov | |
| Official actionReported (Amended) by the Committee on Small Business. H. Rept. 119-107. | No additional detail supplied.Committee · House floor actions · Code H12200 | Congress.gov | |
| Official actionReported (Amended) by the Committee on Small Business. H. Rept. 119-107. | No additional detail supplied.Committee · Library of Congress · Code 5000 | Congress.gov | |
| Text versionReported in House | A dated text-version record is available. | Congress.gov | |
| Official actionRules 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. | No additional detail supplied.Floor · House floor actions · Code H1L210 | Congress.gov | |
| Official actionRule H. Res. 458 passed House. | No additional detail supplied.Floor · House floor actions · Code H1L220 | Congress.gov | |
| Text versionEngrossed in House | A dated text-version record is available. | Congress.gov | |
| AmendmentHAMDT 28 | On agreeing to the Rules amendment (A001) Agreed to without objection. | Congress.gov | |
| Official actionConsidered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491) | No additional detail supplied.Floor · House floor actions · Code H30000 | Congress.gov | |
| Official actionRule 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. | No additional detail supplied.Floor · House floor actions · Code H8D000 | Congress.gov | |
| Official actionDEBATE - The House proceeded with one hour of debate on H.R. 2987. | No additional detail supplied.Floor · House floor actions · Code H8D000 | Congress.gov | |
| Official actionThe previous question was ordered pursuant to the rule. | No additional detail supplied.Floor · House floor actions · Code H35000 | Congress.gov | |
| Official actionMs. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491) | No additional detail supplied.Floor · House floor actions · Code H36200 | Congress.gov | |
| Official actionThe previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX. | No additional detail supplied.Floor · House floor actions · Code H8A000 | Congress.gov | |
| Official actionPOSTPONED 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. | No additional detail supplied.Floor · House floor actions · Code H8D000 | Congress.gov | |
| Official actionConsidered as unfinished business. (consideration: CR H2493-2494) | No additional detail supplied.Floor · House floor actions · Code H30000 | Congress.gov | |
| Official actionOn motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154). | No additional detail supplied.Floor · House floor actions · Code H36210 | Congress.gov | |
| Official actionOn passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489) | No additional detail supplied.Floor · House floor actions · Code H37100 | Congress.gov | |
| Official actionPassed/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) | No additional detail supplied.Floor · Library of Congress · Code 8000 | Congress.gov | |
| Official actionMotion to reconsider laid on the table Agreed to without objection. | No additional detail supplied.Floor · House floor actions · Code H38310 | Congress.gov | |
| Official actionReceived in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. | No additional detail supplied.IntroReferral · Senate | Congress.gov | |
| Text versionReferred in Senate | A dated text-version record is available. | Congress.gov |
House roll calls join only on matching Congress, legislation type, and number. Senate roll calls join only on matching source-supplied document type and number, not question text. Committee and related-measure relationships have no date in their relationship records and therefore are counted above but never placed on the chronology.
Congressional Research Service
CRS summary
Capping Excessive Awarding of SBLC Entrants Act or the CEASE ActThis 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.
Official documents
Text versions
- Referred in SenateJun 9, 2025
- Engrossed in HouseJun 5, 2025
- Reported in HouseMay 21, 2025
- Introduced in HouseApr 24, 2025