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.
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More on this bill
Where it stands
Introduced
Passed House
3Passed Senate
4To President
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Jun 9Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.Latest
Jun 5Considered under the provisions of rule H. Res. 458. (consideration: CR H2489-2491)
Vote recorded On Passage. Result: Passed.House
Vote recorded On Motion to Recommit. Result: Failed.House
Jun 5Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.
Jun 5DEBATE - The House proceeded with one hour of debate on H.R. 2987.
Jun 5The previous question was ordered pursuant to the rule.
Jun 5Ms. Velazquez moved to recommit to the Committee on Small Business. (text: CR H2491)
Jun 5The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Jun 5POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 2987, the Chair put the question on motion to recommit and by voice vote, announced that the noes had prevailed. Ms. Velazquez demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
Jun 5Considered as unfinished business. (consideration: CR H2493-2494)
Jun 5On motion to recommit Failed by the Yeas and Nays: 201 - 212 (Roll no. 154).
Jun 5Passed/agreed to in House: On passage Passed by the Yeas and Nays: 214 - 198 (Roll no. 155). (text of amendment in the nature of a substitute: CR H2489)
Jun 5Motion to reconsider laid on the table Agreed to without objection.
Jun 4Rule H. Res. 458 passed House.Passed House
Jun 3Rules Committee Resolution H. Res. 458 Reported to House. Rule provides for consideration of H.R. 2483, H.R. 2931, H.R. 2966 and H.R. 2987. The resolution provides for consideration of H.R. 2483 under a structured rule and for consideration of H.R. 2931, H.R. 2966, and H.R. 2987 under a closed rule. The resolution provides for one hour of debate and one motion to recommit on each bill.
May 21Reported (Amended) by the Committee on Small Business. H. Rept. 119-107.
May 21Placed on the Union Calendar, Calendar No. 79.
Apr 30Committee Consideration and Mark-up Session Held
Apr 30Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
Apr 24Introduced in House
Apr 24Referred to the House Committee on Small Business.Introduced