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CEASE Act of 2025
6/11/2025, 3:53 AM
Summary of Bill HR 2987
The "CEASE Act" was introduced in the 119th Congress on April 24, 2025. The bill, designated as H.R. 2987, aims to address issues related to cybercrime and online security. Specific provisions and directives outlined in the bill include measures to enhance cybersecurity protocols, combat online fraud, and strengthen penalties for cyber-related offenses. The bill can be accessed via the provided links to the official PDF version and text formats for detailed information.
Congressional Summary of HR 2987
Capping Excessive Awarding of SBLC Entrants Act or the CEASE Act
This bill limits the number of for-profit small business lending companies that are authorized make 7(a) loans to not more than 16 at any time.
Read the Full Bill
Current Status of Bill HR 2987
Bill HR 2987 is currently in the status of Introduced to Senate since June 9, 2025. Bill HR 2987 was introduced during Congress 119 and was introduced to the House on April 24, 2025. Bill HR 2987's most recent activity was Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. as of June 9, 2025
Bipartisan Support of Bill HR 2987
Total Number of Sponsors
18Democrat Sponsors
0Republican Sponsors
18Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2987
Primary Policy Focus
CommercePotential Impact Areas
- Administrative remedies
- Government lending and loan guarantees
- Licensing and registrations
- Small Business Administration
- Small business
Alternate Title(s) of Bill HR 2987
CEASE Act
CEASE Act
Capping Excessive Awarding of SBLC Entrants Act
To amend the Small Business Act to require a limit on the number of small business lending companies, and for other purposes.
Comments
Wrenlee Singleton
42,101
10 months ago
I think this bill is really important for our country. It's going to make a big difference in how things are run. I'm glad that they are finally taking action on this issue. It's about time that something was done about it. I hope that this bill will help to make things better for everyone.
Carmelo Cummings
41,643
11 months ago
This bill is so dumb, it's gonna mess everything up. Who even benefits from it? Ugh.
Coraline Buckley
42,550
11 months ago
I support this bill. It could help with the issue.
Sponsors and Cosponsors of HR 2987
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