Introduced:
Sep 10, 2025
Policy Area:
Finance and Financial Sector
Congress.gov:
Bill Statistics
8
Actions
1
Cosponsors
0
Summaries
4
Subjects
2
Text Versions
Yes
Full Text
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Latest Action
Nov 4, 2025
Placed on the Union Calendar, Calendar No. 320.
Actions (8)
Placed on the Union Calendar, Calendar No. 320.
Type: Calendars
| Source: House floor actions
| Code: H12410
Nov 4, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-368.
Type: Committee
| Source: House floor actions
| Code: H12200
Nov 4, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-368.
Type: Committee
| Source: Library of Congress
| Code: 5000
Nov 4, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 17.
Type: Committee
| Source: House committee actions
| Code: H19000
Sep 16, 2025
Committee Consideration and Mark-up Session Held
Type: Committee
| Source: House committee actions
| Code: H15001
Sep 16, 2025
Referred to the House Committee on Financial Services.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Sep 10, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Sep 10, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Sep 10, 2025
Subjects (4)
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business investment and capital
Finance and Financial Sector
(Policy Area)
Cosponsors (1)
(D-NJ)
Sep 15, 2025
Sep 15, 2025
Text Versions (2)
Full Bill Text
Length: 2,508 characters
Version: Reported in House
Version Date: Nov 4, 2025
Last Updated: Nov 15, 2025 2:12 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5291 Reported in House
(RH) ]
<DOC>
Union Calendar No. 320
119th CONGRESS
1st Session
H. R. 5291
[Report No. 119-368]
To amend the Bank Holding Company Act of 1956 to generally permit
holding merchant banking investments of up to 15 years.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
September 10, 2025
Mr. Williams of Texas introduced the following bill; which was referred
to the Committee on Financial Services
November 4, 2025
Additional sponsor: Mr. Gottheimer
November 4, 2025
Reported with an amendment, committed to the Committee of the Whole
House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed
in italic]
[For text of introduced bill, see copy of bill as introduced on
September 10, 2025]
_______________________________________________________________________
A BILL
To amend the Bank Holding Company Act of 1956 to generally permit
holding merchant banking investments of up to 15 years.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 5291 Reported in House
(RH) ]
<DOC>
Union Calendar No. 320
119th CONGRESS
1st Session
H. R. 5291
[Report No. 119-368]
To amend the Bank Holding Company Act of 1956 to generally permit
holding merchant banking investments of up to 15 years.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
September 10, 2025
Mr. Williams of Texas introduced the following bill; which was referred
to the Committee on Financial Services
November 4, 2025
Additional sponsor: Mr. Gottheimer
November 4, 2025
Reported with an amendment, committed to the Committee of the Whole
House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed
in italic]
[For text of introduced bill, see copy of bill as introduced on
September 10, 2025]
_______________________________________________________________________
A BILL
To amend the Bank Holding Company Act of 1956 to generally permit
holding merchant banking investments of up to 15 years.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Merchant Banking Modernization
Act''.
SEC. 2.
Section 4
(k)
(7)
(A) of the Bank Holding Company Act of 1956 (12
U.
(k)
(7)
(A) of the Bank Holding Company Act of 1956 (12
U.S.C. 1843
(k)
(7)
(A) ) is amended by inserting ``Under such regulations,
the period of time generally permitted for holding merchant banking
investments shall not be less than 15 years. For any merchant banking
investment held on the date of enactment of the Merchant Banking
Modernization Act, the holding period of time permitted shall not be
less than 15 years from the initial date of the investment.'' after the
period at the end.
Union Calendar No. 320
119th CONGRESS
1st Session
H. R. 5291
[Report No. 119-368]
_______________________________________________________________________
A BILL
To amend the Bank Holding Company Act of 1956 to generally permit
holding merchant banking investments of up to 15 years.
_______________________________________________________________________
November 4, 2025
Reported with an amendment, committed to the Committee of the Whole
House on the State of the Union, and ordered to be printed