[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2987 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                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.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 24, 2025

Mr. Bresnahan introduced the following bill; which was referred to the 
                      Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
  To amend the Small Business Act to require a limit on the number of 
       small business lending companies, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Capping Excessive Awarding of SBLC 
Entrants Act'' or the ``CEASE Act''.

SEC. 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.''.
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