House bill · 119th Congress · Latest step: Committee action
Merchant Banking Modernization Act
Official title: To amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.
Sponsor: Rep. Roger Williams R-TXWhere it went
- IntroducedSep 10, 2025
- Committee actionSep 16, 2025
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Nov 4, 2025 — Placed on the Union Calendar, Calendar No. 320.
Cost and committee reports
Official records Congress.gov attaches to H.R. 5291.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-368 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on November 4, 2025.Source: Congress.gov, reported November 4, 2025 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/368
- Congress.gov bill record
- H.R. 5291, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/5291
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
4d6eba889badcd6b2217b92d9772e26f36215c897d339311a35868d26563f2ae
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. WILLIAMS of Texas, as printed in the Congressional Record (Vol. 171, No. 148, September 10, 2025, Page H4240):Article 1 Section 8 of the Constitution of the United States.Source: Congress.gov, Congressional Record September 10, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 61 characters
- Congress.gov bill record
- H.R. 5291, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/5291
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
4d6eba889badcd6b2217b92d9772e26f36215c897d339311a35868d26563f2ae
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate (as of September 19, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 5291, last updated September 19, 2026. PORKER’s copy was retrieved September 24, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
1 cosponsor — 1 Democrat
1 of 1 cosponsors (100%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Roger Williams.
- H.R. 5100 (119th) To extend the SBIR and STTR programs, and for other purposes.
- H.R. 3174 (119th) Made in America Manufacturing Finance Act
- H.R. 1642 (119th) Connecting Small Businesses with Career and Technical Education Graduates Act of 2025
- H.R. 5763 (119th) Main Street Parity Act
- H.R. 826 (119th) COVID Fraud Transparency Act of 2026
- H.R. 1549 (119th) China Financial Threat Mitigation Act of 2025
Related bills
- H.R. 6955 (119th) Main Street Capital Access ActRelated bill
- S. 2663 (119th) Merchant Banking Modernization ActRelated bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.