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CEASE Act of 2025
Sponsored by Robert P. Bresnahan, Jr.
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Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 9, 2025
AI-generated summaryOfficial source
The Capping Excessive Awarding of SBLC Entrants Act (CEASE Act) places a limit on the number of for-profit small business lending companies that are authorized to make 7(a) loans. Under this bill, no more than 16 for-profit companies can be authorized to make such loans at any given time.
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Official summary (CRS)
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.