H.R. 2987 — Reported in House

IB Union Calendar No. 79 119th CONGRESS 1st Session H. R. 2987 [Report No. 119–107] IN THE HOUSE OF REPRESENTATIVES April 24, 2025Mr. Bresnahan introduced the following bill; which was referred to the Committee on Small Business May 21, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on April 24, 2025 A BILL To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes. 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. 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. . May 21, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed