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CEASE Act of 2025
6/11/2025, 3:53 AM
Summary of Bill HR 2987
The "CEASE Act" was introduced in the 119th Congress on April 24, 2025. The bill, designated as H.R. 2987, aims to address issues related to cybercrime and online security. Specific provisions and directives outlined in the bill include measures to enhance cybersecurity protocols, combat online fraud, and strengthen penalties for cyber-related offenses. The bill can be accessed via the provided links to the official PDF version and text formats for detailed information.
Congressional Summary of HR 2987
Capping Excessive Awarding of SBLC Entrants Act or the CEASE Act
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.
Read the Full Bill
Current Status of Bill HR 2987
Bill HR 2987 is currently in the status of Introduced to Senate since June 9, 2025. Bill HR 2987 was introduced during Congress 119 and was introduced to the House on April 24, 2025. Bill HR 2987's most recent activity was Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. as of June 9, 2025
Bipartisan Support of Bill HR 2987
Total Number of Sponsors
18Democrat Sponsors
0Republican Sponsors
18Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2987
Primary Policy Focus
CommercePotential Impact Areas
- Administrative remedies
- Government lending and loan guarantees
- Licensing and registrations
- Small Business Administration
- Small business
Alternate Title(s) of Bill HR 2987
CEASE Act
CEASE Act
Capping Excessive Awarding of SBLC Entrants Act
To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
Comments
Melina Potter
825
1 year ago
This is so sad. How will it impact us?
Shiloh Barton
970
1 year ago
Not good for me.
Nalani Craft
981
1 year ago
I don't like this new bill. It's gonna mess things up for me and my family. I wish they would just leave things alone.
Samson Rankin
959
1 year ago
Ugh, this bill is such a joke. It's gonna mess with my life and I'm not here for it.
Abner Hardison
916
1 year ago
This bill is so dumb, why are they even doing this? How will it even work?
Sponsors and Cosponsors of HR 2987
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Providing for consideration of the bill (H.R. 2483) to reauthorize certain programs that provide for opioid use disorder prevention, treatment, and recovery, and for other purposes; providing for consideration of the bill (H.R. 2931) to direct the Administrator of the Small Business Administration to relocate certain offices of the Small Business Administration in sanctuary jurisdictions, and for other purposes; providing for consideration of the bill (H.R. 2966) to require the Administrator of the Small Business Administration to require an applicant for certain loans of the Administration to provide certain citizenship status documentation, and for other purposes; and providing for consideration of the bill (H.R. 2987) to amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
Bill HRES 458June 6, 2025