HR 2987referred119th Congress

CEASE Act of 2025

Introduced Apr 24, 2025House billPolicy area: CommerceLast action Jun 9, 2025Sponsor: Robert P. Bresnahan, Jr.(R-PA)

tradeCommerce

Small Business and Entrepreneurship CommitteeSmall Business Committee

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Official summaryUpdated Jun 9, 2025

What the bill 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.

Latest official action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Lobbying Filings Citing It

$5.8M

Reported on Those Filings, All Issues

Lobbying Clients

100

Recorded Votes

Timeline

Apr 24, 2025bill

Bill introduced

Jun 5, 2025vote

Daniel S. Goldman voted nay

Jun 5, 2025vote

Marie Gluesenkamp Perez voted yea

Jun 5, 2025vote

Sanford D. Bishop, Jr. voted yea

Jul 11, 2025lobbying

Lobbying filed by CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS

Jul 21, 2025lobbying

Official Congressional Actions

Jun 9, 2025IntroReferral

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Small Business and Entrepreneurship Committee

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Jun 5, 2025Floor

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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Jun 5, 2025Floor

On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).

Small Business Committee

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Jun 5, 2025Floor

Considered as unfinished business. (consideration: CR H2493-2494)

Lobbying Activity

Registrant	Client	Amount	Filed	Period	Issues
INDEPENDENT COMMUNITY BANKERS OF AMERICA	INDEPENDENT COMMUNITY BANKERS OF AMERICA	$2.7M	Jul 23, 2025	2025Q2	AGRBANBUD
AMERICAN BANKERS ASSOCIATION	AMERICAN BANKERS ASSOCIATION	$2.0M	Jul 21, 2025	2025Q2	ACCAGRBAN
CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS

Votes on This Bill

Member	Party	Position	Date
Daniel S. Goldman	D	nay	Jun 5, 2025
Marie Gluesenkamp Perez	D	yea	Jun 5, 2025
Sanford D. Bishop, Jr.	D	yea	Jun 5, 2025
Cliff Bentz	R	nay	Jun 5, 2025

About this page

The lobbying table lists Senate LDA quarterly reports (LD-2) that cite this bill by number and cover a quarter of the 119th Congress. An LD-2 names a bill as “H.R. 1234” with no Congress, so a report on another Congress, which can only concern a different bill with the same number, is left out, even when it was filed after this Congress began. The amount is what the registrant reported for the whole filing, across every issue on it, not spending on this bill. Official actions and the bill summary come from Congress.gov, and votes from the roll-call record. This page no longer pairs the bill with members' stock trades: matching lobbying clients to traded companies by name, and trades to a bill by date, is not something the records establish.