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Merchant Banking Modernization Act
H. R. 5291 To amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.
Summary
This bill amends the Bank Holding Company Act of 1956 to extend the maximum time period that bank holding companies are permitted to hold merchant banking investments. The bill requires that regulations permit holding such investments for at least 15 years. For investments already held when the bill is enacted, the 15-year holding period begins from the initial date of investment.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
1 cosponsor
Money behind the sponsor
Top reported contributors to Roger Williams’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $31,350
- DOUBLE EAGLE $16,000
- PIERSON & PATTERSON $13,200
- LENDERS & MEMBERS SERVICE GROUP $13,200
- LUTHER KING CAPITAL MANAGEMENT $11,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Roger Williams → · Outside spending →
Actions (6)
- Nov 4, 2025 Placed on the Union Calendar, Calendar No. 320. · house
- Nov 4, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-368. · house
- Sep 16, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 17. · house
- Sep 16, 2025 Committee Consideration and Mark-up Session Held · house
- Sep 10, 2025 Referred to the House Committee on Financial Services. · house
- Sep 10, 2025 Introduced in House
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (2)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
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
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