# 119-hr-5291: Merchant Banking Modernization Act

119-hr-5291, Merchant Banking Modernization Act, is a 119th Congress bill sponsored by Rep. Williams, Roger [R-TX-25] (R-TX); status in_committee; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-5291
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-5291
- Congress: 119
- Title: Merchant Banking Modernization Act
- Status: in_committee
- Introduced: 2025-09-10
- Sponsor: Rep. Williams, Roger [R-TX-25] (R-TX)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**15-year minimum holding period for merchant banking investments.** This bill would amend Section 4(k)(7)(A) of the Bank Holding Company Act of 1956 to require that the period generally permitted for holding merchant banking investments be not less than 15 years. The minimum would apply to investments entered into after enactment and to investments already held on the date of enactment, measured from each investment's initial date. The timing and details would be set under implementing regulations.

## Cosponsors (1)

- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2025-09-15T00:00:00.000Z

## Provisions PRIA read

- 15-year holding period for bank investments: mixed, low. The bill would set a minimum 15-year holding period for banks’ merchant banking investments. Bank holding companies would generally not be able to exit these investments sooner. For investments already held when a law takes effect, the 15 years would be counted from the original investment date. Re…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4669: FEMA Act of 2025
- 119-hr-137: TCJA Permanency Act
- 119-hr-9211: Jewish American Security Act
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-5221: PART Act

## Sources
- [119-hr-5291 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/5291)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-137: TCJA Permanency Act](https://policyrisk.com/legislation/119-hr-137)
- [119-hr-9211: Jewish American Security Act](https://policyrisk.com/legislation/119-hr-9211)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-5221: PART Act](https://policyrisk.com/legislation/119-hr-5221)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-5291 (as of 2026-09-21).