HR5291
On Union Calendar
Merchant Banking Modernization Act
- Federal
- House
- Introduced Sep 10, 2025
- Session 119
Bill Text
Version RHThis Act may be cited as the Merchant Banking Modernization Act.
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.
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.
Legislative Timeline
8 actions-
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-368.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 119-368.
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Placed on the Union Calendar, Calendar No. 320.
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Committee Consideration and Mark-up Session Held
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Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 17.
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Introduced in House
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Introduced in House
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Referred to the House Committee on Financial Services.