HR 2987 Passed House Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
Summary
This bill amends the Small Business Act to establish a cap on small business lending companies. It requires the Small Business Administration to ensure that no more than 16 non-nonprofit small business lending companies are authorized to make loans at any time. Nonprofit lending entities are not subject to this numerical limitation.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
Money behind the sponsor
Top reported contributors to Robert P. Bresnahan’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $255,976
- INVESTMENTS LIMITED $21,106
- STARKEY HEARING TECHNOLOGIES $13,200
- TFP LIMITED $11,022
- ENERGY TRANSFER PARTNERS $9,900
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Robert P. Bresnahan → · Outside spending →
Actions (21)
- Jun 9, 2025 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. · senate
- Jun 5, 2025 Motion to reconsider laid on the table Agreed to without objection. · house
- Jun 5, 2025 On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489) · house
- Jun 5, 2025 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
- Jun 5, 2025 On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154). · house
- Jun 5, 2025 Considered as unfinished business. (consideration: CR H2493-2494) · house
- Jun 5, 2025 POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 2987, the Chair put the question on motion to recommit and by voice vote, announced that the noes had prevailed. Ms. Velazquez demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced. · house
- Jun 5, 2025 The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX. · house
- Jun 5, 2025 Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491) · house
- Jun 5, 2025 The previous question was ordered pursuant to the rule. · house
- Jun 5, 2025 DEBATE - The House proceeded with one hour of debate on H.R. 2987. · house
- Jun 5, 2025 Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill. · house
- Jun 5, 2025 Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491) · house
- Jun 4, 2025 Rule H. Res. 458 passed House. · house
- Jun 3, 2025 Rules Committee Resolution H. Res. 458 Reported to House. Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill. · house
- May 21, 2025 Placed on the Union Calendar, Calendar No. 79. · house
- May 21, 2025 Reported (Amended) by the Committee on Small Business. H. Rept. 119-107. · house
- Apr 30, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11. · house
- Apr 30, 2025 Committee Consideration and Mark-up Session Held · house
- Apr 24, 2025 Referred to the House Committee on Small Business. · house
- Apr 24, 2025 Introduced in House
How your representatives voted
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Roll-call votes (2)
How the chamber voted on this bill — the outcome, the tally by party, and every member's recorded position. A factual record.
- On PassagePassed
214 Yea · 198 Nay · 20 Not voting
- Republicans36Yea0Nay1NV
- Democrats1Yea24Nay3NV
The party tally and member list below cover the 65 of 432 positions we've recorded so far; the outcome above is the official chamber result.
See how each member voted (65)
Yea(37)
- August Pfluger
- Beth Van Duyne
- Brandon Gill
- Brian Babin
- Brian K. Fitzpatrick
- Chip Roy
- Christopher H. Smith
- Craig A. Goldman
- Dan Crenshaw
- Glenn Thompson
- Guy Reschenthaler
- Henry Cuellar
- Jake Ellzey
- Jefferson Van Drew
- Jodey C. Arrington
- John Joyce
- John R. Carter
- Keith Self
- Lance Gooden
- Lloyd Smucker
- Michael Cloud
- Michael T. Mccaul
- Mike Kelly
- Monica De La Cruz
- Morgan Luttrell
- Nathaniel Moran
- Pat Fallon
- Pete Sessions
- Randy K. Sr. Weber
- Robert P. Bresnahan
- Roger Williams
- Ronny Jackson
- Ryan Mackenzie
- Scott Perry
- Thomas H. Kean
- Troy E. Nehls
- Wesley Hunt
Nay(24)
- Becca Balint
- Bonnie Watson Coleman
- Brendan F. Boyle
- Chrissy Houlahan
- Christopher R. Deluzio
- Dwight Evans
- Frank Pallone
- Greg Casar
- Herbert C. Conaway
- Jasmine Crockett
- Joaquin Castro
- Julie Johnson
- Lamonica Mciver
- Lizzie Fletcher
- Lloyd Doggett
- Madeleine Dean
- Marc A. Veasey
- Mary Gay Scanlon
- Nellie Pou
- Robert Menendez
- Summer L. Lee
- Sylvia R. Garcia
- Veronica Escobar
- Vicente Gonzalez
Not voting(4)
- On Motion to RecommitFailed
201 Yea · 212 Nay · 19 Not voting
- Republicans0Yea35Nay2NV
- Democrats25Yea0Nay3NV
The party tally and member list below cover the 65 of 432 positions we've recorded so far; the outcome above is the official chamber result.
See how each member voted (65)
Yea(25)
- Becca Balint
- Bonnie Watson Coleman
- Brendan F. Boyle
- Chrissy Houlahan
- Christopher R. Deluzio
- Dwight Evans
- Frank Pallone
- Greg Casar
- Henry Cuellar
- Herbert C. Conaway
- Jasmine Crockett
- Joaquin Castro
- Julie Johnson
- Lamonica Mciver
- Lizzie Fletcher
- Lloyd Doggett
- Madeleine Dean
- Marc A. Veasey
- Mary Gay Scanlon
- Nellie Pou
- Robert Menendez
- Summer L. Lee
- Sylvia R. Garcia
- Veronica Escobar
- Vicente Gonzalez
Nay(35)
- August Pfluger
- Beth Van Duyne
- Brandon Gill
- Brian Babin
- Brian K. Fitzpatrick
- Chip Roy
- Christopher H. Smith
- Craig A. Goldman
- Dan Crenshaw
- Glenn Thompson
- Guy Reschenthaler
- Jake Ellzey
- Jefferson Van Drew
- John Joyce
- John R. Carter
- Keith Self
- Lance Gooden
- Lloyd Smucker
- Michael Cloud
- Michael T. Mccaul
- Mike Kelly
- Monica De La Cruz
- Morgan Luttrell
- Nathaniel Moran
- Pat Fallon
- Pete Sessions
- Randy K. Sr. Weber
- Robert P. Bresnahan
- Roger Williams
- Ronny Jackson
- Ryan Mackenzie
- Scott Perry
- Thomas H. Kean
- Troy E. Nehls
- Wesley Hunt
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Text versions (4)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
AN ACT
To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 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.”.
Passed the House of Representatives June 5, 2025.
Attest:
Clerk. 119th CONGRESS
1st Session
H. R. 2987
AN ACT
To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
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