H.R. 2987 · Passed House · Commerce

CEASE Act of 2025

Sponsor: Robert P. Bresnahan, Jr. (R-PA)

What it does

• Caps the number of for-profit small business lending companies authorized to make 7(a) loans.
• Sets the limit at no more than 16 such companies at any time.
• Applies to the Small Business Administration's 7(a) loan program.

Official summary

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 action

Jun 9, 2025: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Committee: Senate Small Business and Entrepreneurship