[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2987 Referred in Senate (RFS)]

<DOC>
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.

    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 of 2025'' or the ``CEASE Act of 2025''.

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.''.

            Passed the House of Representatives June 5, 2025.

            Attest:

                                             KEVIN F. MCCUMBER,

                                                                 Clerk.