CEASE Act of 2025

Hozzl · 2025-06-11T03:53:18Z

Explore the details of House Bill 2987 CEASE Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

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

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2987

Primary Policy Focus

Commerce

Potential 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

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

25,794

5 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.