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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.

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
18
Democrat Sponsors
0
Republican Sponsors
18
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2987

Primary Policy Focus

Commerce

Potential 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 profile image

Melina Potter

928

1 year ago

This is so sad. How will it impact us?

Nalani Craft profile image

Nalani Craft

1,071

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 profile image

Samson Rankin

1,020

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 profile image

Abner Hardison

1,004

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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