BILL • US HOUSE
The Merchant Banking Modernization Act allows financial holding companies to hold investments for at least 15 years, promoting stability and long-term growth for portfolio companies.
Placed on the Union Calendar, Calendar No. 320.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-368.
Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 17.
Committee Consideration and Mark-up Session Held
Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 17.
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