119 HR 5291 RH: Merchant Banking Modernization Act U.S. House of Representatives 2025-11-04 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

IBUnion Calendar No. 320119th CONGRESS1st SessionH. R. 5291[Report No. 119–368]IN THE HOUSE OF REPRESENTATIVESSeptember 10, 2025Mr. Williams of Texas introduced the following bill; which was referred to the Committee on Financial ServicesNovember 4, 2025Additional sponsor: Mr. GottheimerNovember 4, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on September 10, 2025A BILLTo amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.

1.

Short title

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

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.

November 4, 2025Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed