[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,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Merchant Banking Modernization 
Act''.

SEC. 2. MERCHANT BANKING INVESTMENT HOLDING PERIOD.

    Section 4(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