IIB
119th CONGRESS
1st Session
H. R. 2987
IN THE SENATE OF THE UNITED STATES
June 9, 2025
Received; read twice and referred to the Committee on Small Business and Entrepreneurship
AN ACT
To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
Short title
This Act may be cited as the Capping Excessive Awarding of SBLC Entrants Act of 2025
or the CEASE Act of 2025
.
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:
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.