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CEASE Act of 2025

Passed first chamber: it can still change before the session ends.

US HR 2987 · House Bill · 119th Congress

Draft a letter
Stage
Passed first chamber
Started in
House
Sponsor
1
Latest action
Jun 9, 2025

What it does

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.

Official summary · Introduced in House · Apr 24, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Apr 24, 2025

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Jun 9, 2025

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

CEASE Act of 2025 | 52