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H.R. 2987 · 119th CongressIn committee

CEASE Act of 2025

Latest action. Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. · June 9, 2025

Live record from Congress.gov, updated as the official record changes.
What this bill would do
Official summary · Congressional Research Service

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 analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on April 24, 2025. It describes the bill, it is not the legal text.

Status
Introduced
April 24, 2025
In committee
June 9, 2025
Passed a chamber
Cleared Congress
Enacted
Where this sits in the process
Common questions
Composed from the official record
Where is it in the process, and what happens next?

4 steps remain before this bill could become law.

The record's latest action, on June 9, 2025: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

  1. Clearing the committees it was referred to, and being scheduled for a floor vote
  2. Passage by the House
  3. Passage by the Senate
  4. The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?

Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.

In the 118th Congress (2023-24), 274 of the 16,565 bills and joint resolutions introduced became law, about 1.7 percent. That count covers every measure at every stage, including the many that never left committee.

This one is not there yet: 4 steps are still outstanding, listed above.

Has anyone actually voted on it?

Yes. 2 recorded roll-call votes cite this measure, listed further down this page with every member's position.

Who is behind it?

Robert Bresnahan (R-PA) introduced it on April 24, 2025. No cosponsors are recorded.

Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.

How long has it been in play?

It was introduced on April 24, 2025, 504 days ago. The most recent recorded action was 458 days ago, on June 9, 2025.

Measures do not carry over. Anything the 119th Congress has not finished by January 3, 2027 dies when the term ends, and has to be introduced again from the start in the next Congress.

Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.

Vote history

  1. House
    Passed on a recorded vote (official bill record may lag)
  2. Senate
    Awaiting Senate vote
  3. President
    Awaits both chambers