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HR 2987Passed HouseCommercehouse
CEASE Act of 2025
Introduced Apr 24, 2025 by Rep. Robert P. Bresnahan
IntroducedCommitteeFloorCongressLaw
The House passed it. The Senate has to pass it before it can reach the President.
Latest action · Jun 9, 2025
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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.
Roll-call votes
On Passage
house · Jun 5, 2025
On Motion to Recommit
house · Jun 5, 2025
History
- Jun 9, 2025Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Jun 5, 2025Motion to reconsider laid on the table Agreed to without objection.
- Jun 5, 2025On 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, 2025Passed/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, 2025On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
- Jun 5, 2025Considered as unfinished business. (consideration: CR H2493-2494)
- Jun 5, 2025POSTPONED 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, 2025The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
- Jun 5, 2025Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
- Jun 5, 2025The previous question was ordered pursuant to the rule.
- Jun 5, 2025DEBATE - The House proceeded with one hour of debate on H.R. 2987.
- Jun 5, 2025Rule 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, 2025Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
- Jun 4, 2025Rule H. Res. 458 passed House.
- Jun 3, 2025Rules 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, 2025Placed on the Union Calendar, Calendar No. 79.
- May 21, 2025Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
- Apr 30, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
- Apr 30, 2025Committee Consideration and Mark-up Session Held
- Apr 24, 2025Referred to the House Committee on Small Business.
- Apr 24, 2025Introduced in House