H.R.2987 — CEASE Act of 2025
House Roll Call
H.R.2987
| Bill | H.R.2987 — CEASE Act of 2025 |
|---|---|
| Vote question | On Passage |
| Vote type | Yea-and-Nay |
| Result | Passed |
| Totals | Yea 214 / Nay 198 / Present 0 / Not Voting 20 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| R | 211 | 0 | 0 | 9 |
| D | 3 | 198 | 0 | 11 |
| I | 0 | 0 | 0 | 0 |
Research Brief
On Passage
Bill Analysis
Bill Summary: HR 2987 - CEASE Act of 2025
The CEASE Act of 2025 aims to enhance the support and resources available to small businesses affected by economic disruptions, particularly those caused by the COVID-19 pandemic and related challenges. The bill proposes the establishment of a new grant program administered by the Small Business Administration (SBA) to provide financial assistance to small businesses that have experienced significant revenue loss.
Key Provisions:
- Funding: The bill authorizes appropriations for the grant program, although specific funding amounts are not detailed in the text. The SBA would be responsible for allocating these funds to eligible small businesses.
- Eligibility: Small businesses that demonstrate a revenue decline of at least 30% during a specified period due to economic disruptions are eligible for grants. This includes businesses in sectors disproportionately impacted by the pandemic, such as hospitality, retail, and personal services.
- Program Administration: The SBA will develop guidelines for the application process and criteria for grant distribution, ensuring that funds are directed to those most in need.
Benefits and Regulation: The primary beneficiaries of the CEASE Act are small business owners and their employees, who stand to gain financial relief and support to stabilize their operations. The act also aims to stimulate economic recovery by preserving jobs and maintaining the viability of small enterprises.
Key Timelines: Following its introduction, the bill was received in the Senate, read twice, and referred to the Committee on Small Business and Entrepreneurship for further consideration. The timeline for committee review and potential amendments or voting has yet to be established.
In summary, the CEASE Act of 2025 seeks to provide crucial financial support to small businesses struggling due to recent economic challenges, facilitating their recovery and sustaining employment.
Yea (214)
K
Ken Calvert
S
Scott Franklin
M
Mark Green
L
Lisa McClain
J
John Rutherford
D
David Schweikert
P
Pete Sessions
Nay (198)
J
Jason Crow
L
Lloyd Doggett
J
John Garamendi
J
John Mannion
L
Lucy McBath
E
Eric Swalwell
N
Nydia Velázquez
D
Debbie Wasserman Schultz
