H.R. 2987 · Where this bill is now
In the Senate
Passed the House Jun 5, 2025. Received Jun 9, 2025; no Senate vote yet
What this bill does
In plain words · AI-written from the official summaryLimits for-profit small business lenders to 16
The bill caps the number of for-profit small business lending companies that can make 7(a) loans—a type of federal small business loan program—to no more than 16 at any time. Currently, there's no limit on how many for-profit companies can participate in this lending program.
How it affects you
If you're a small business owner looking for a 7(a) loan, this could affect your options depending on which lenders operate in your area. The change limits how many for-profit companies can offer these federally-backed loans, which might make fewer lenders available to choose from.
Read the official summary (Introduced in House, Apr 24, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 2987
AN ACT
CEASE Act of 2025
Sponsor: Rep. Robert Bresnahan (R-PA-8) · Introduced Apr 24, 2025 · Commerce · 4 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jun 9, 2025: “Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.”
How Congress voted
Official roll callsHouse · On Passage · Jun 5, 2025
Passage Passed 214–198
| Party | Yes | No | Didn’t vote |
|---|---|---|---|
| Democrats | 3 | 198 | 11 |
| Republicans | 211 | 0 | 9 |
3 members voted against most of their party: 3 Democrats voted Yes.
Congress votes on whole bills and amendments, not on single sections.