Bill Sponsor
Senate Bill 2663
119th Congress(2025-2026)
Merchant Banking Modernization Act
Introduced
Introduced
Introduced in Senate on Aug 1, 2025
Overview
Text
Introduced in Senate 
Aug 1, 2025
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Introduced in Senate(Aug 1, 2025)
Aug 1, 2025
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
S. 2663 (Introduced-in-Senate)


119th CONGRESS
1st Session
S. 2663


To amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.


IN THE SENATE OF THE UNITED STATES

August 1, 2025

Mr. Rounds (for himself, Mr. Scott of South Carolina, Mr. Cramer, Mr. Hagerty, Mr. Daines, Mr. Mullin, Mr. Scott of Florida, and Mr. Tillis) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


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.