H.R. 2987 · House bill · 119th Congress

CEASE Act of 2025

Sponsored by Rep. Robert Bresnahan Jr., Pennsylvania

Introduced Apr 24, 2025

Referred to the Small Business and Entrepreneurship Committee

Latest action Jun 9, 2025

SponsorRep. Robert Bresnahan Jr., Pennsylvania

What the bill does

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.

Summary by the Congressional Research Service, Jun 3, 2025.

Read the bill

About 100 words

Contents

Sec. 1. Short title

This Act may be cited as the “Capping Excessive Awarding of SBLC Entrants Act of 2025” or the “CEASE Act of 2025”.

Sec. 2. Limitation on number of small business lending companies

Section 23 of the Small Business Act (15 U.S.C. 650) is amended by adding at the end the following:

“(k) Limitation on number of small business lending companies.— The Administrator shall ensure that not more than 16 small business lending companies that are not nonprofit entities are authorized to make loans under section 7 at any time.”.

Official text, Referred in Senate (Jun 9, 2025), from the Government Publishing Office via Congress.gov. Printed version (PDF) · All versions on Congress.gov