H. R. 2987
CEASE Act
Date of Vote: June 5, 2025
Chamber of Origin: HouseCongress: 119thRoll Call Number: 155 | Session Number: 1
H.R. 2987, also known as the Capping Excessive Awarding of SBLC Entrants Act of 2025 or the CEASE Act, amends Section 23 of the Small Business Act. The amendment adds a new subsection that limits the number of small business lending companies (SBLCs) that are not nonprofit entities to a maximum of 16 at any given time. These companies must be authorized to make loans under section 7.1
Turning Point Action’s Position

Voted YEA
214VOTED NAY
198Voted yea
Voted nay
Not voting
Present
Abstaining

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