[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5291 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 5291
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
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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 ACTIVITIES.
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.
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