119 HR 2987 : Capping Excessive Awarding of SBLC Entrants Act of 2025 U.S. House of Representatives 2025-06-09 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.

IIB119th CONGRESS1st SessionH. R. 2987IN THE SENATE OF THE UNITED STATESJune 9, 2025 Received; read twice and referred to the Committee on Small Business and EntrepreneurshipAN ACTTo 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..

Passed the House of Representatives June 5, 2025.Kevin F. McCumber,Clerk.