119-HR2987
CEASE Act of 2025
Last action was on 6-9-2025
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PresidentCurrent status is Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
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119th CONGRESS
1st Session
H. R. 2987
1. Short title2. Limitation on number of small business lending companies1. Short title
This Act may be cited as the "Capping Excessive Awarding of SBLC Entrants Act of 2025" or the "CEASE Act of 2025".
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.