Senate bill · 119th Congress · Latest step: Introduced
Merchant Banking Modernization Act
Official title: A bill to amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.
Sponsor: Sen. Mike Rounds R-SDWhere it went
- IntroducedAug 1, 2025
- Committee action—
- Passed Senate—
- Passed House—
- To the President—
- Became law—
Latest action: Aug 1, 2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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
14 cosponsors — 14 Republicans
0 of 14 cosponsors (0%) are from the other party.
Jim Banks (R-IN), Bill Cassidy (R-LA), John Cornyn (R-TX), Kevin Cramer (R-ND), Ted Cruz (R-TX), Steve Daines (R-MT), Bill Hagerty (R-TN), David McCormick (R-PA), Jerry Moran (R-KS), Markwayne Mullin (R-OK), Rick Scott (R-FL), Tim Scott (R-SC), Dan Sullivan (R-AK), Thomas Tillis (R-NC).
More from the sponsor
Other 119th Congress bills sponsored by Sen. Mike Rounds.
- S. 1055 (119th) Indian Health Service Emergency Claims Parity Act
- S.Res. 80 (119th) A resolution expressing gratitude to the Joint Congressional Committee on Inaugural Ceremonies, the Architect of the Capitol, the Sergeant…
- S. 1473 (119th) Stop Stealing our Chips Act
- S. 105 (119th) Wounded Knee Massacre Memorial and Sacred Site Act
- S. 287 (119th) Marcella LeBeau Recognition Act
- S. 3736 (119th) Dakota Mainstem Water Supply Project Feasibility Study Act
Related bills
- H.R. 6955 (119th) Main Street Capital Access ActRelated bill
- H.R. 5291 (119th) Merchant Banking Modernization ActRelated bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 26, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.