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

<DOC>





                                                  Union Calendar No. 79
119th CONGRESS
  1st Session
                                H. R. 2987

                          [Report No. 119-107]

  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

                              May 21, 2025

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
 [For text of introduced bill, see copy of bill as introduced on April 
                               24, 2025]


_______________________________________________________________________

                                 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 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.''.
                                                  Union Calendar No. 79

119th CONGRESS

  1st Session

                               H. R. 2987

                          [Report No. 119-107]

_______________________________________________________________________

                                 A BILL

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

_______________________________________________________________________

                              May 21, 2025

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed