119 HR 2987 RH: Capping Excessive Awarding of SBLC Entrants Act of 2025 U.S. House of Representatives 2025-05-21 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

IBUnion Calendar No. 79119th CONGRESS1st SessionH. R. 2987[Report No. 119–107]IN THE HOUSE OF REPRESENTATIVESApril 24, 2025Mr. Bresnahan introduced the following bill; which was referred to the Committee on Small BusinessMay 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, 2025A BILLTo 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