119-HR5291
Merchant Banking Modernization Act
Last action was on 9-16-2025
SenateCurrent status is Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 17.
View Official Bill Information at congress.govNo users have voted for/against support on this bill yet. Be the first!
119th CONGRESS
1st Session
H. R. 5291
1. Short title2. Merchant banking activities1. Short title
This Act may be cited as the "Merchant Banking Modernization Act".
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.