[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-hr-5291":4},null,{"bill":5,"indexable":102,"summaries":103,"cosponsors":109,"cosponsorSlugs":117,"actions":119,"amendments":174,"amendmentSponsorSlugs":175,"linkages":176,"sponsorSlug":177},{"statusDate":6,"sponsor":7,"cboCostEstimates":15,"originChamber":16,"congress":17,"isByRequest":18,"title":19,"createdAt":20,"cosponsorCount":21,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":22,"actionCount":23,"popularTitle":3,"laws":3,"billType":24,"introducedDate":25,"congressGovUrl":26,"constitutionalAuthority":27,"policyArea":28,"deletedAt":3,"latestAction":29,"billNumber":31,"cosponsorCountIncludingWithdrawn":21,"status":32,"keyMilestoneCount":33,"subjects":34,"policyAreaLower":38,"updateDate":39,"committeeReports":40,"committees":44,"committeeCodes":60,"shortTitle":3,"officialTitle":3,"updatedAt":61,"searchTokens":62},"2025-11-04",{"firstName":8,"lastName":9,"district":10,"fullName":11,"state":12,"party":13,"bioguideId":14},"Roger","Williams","25","Rep. Williams, Roger [R-TX-25]","TX","R","W000816",[],"House",119,false,"Merchant Banking Modernization Act","2026-05-13T22:15:16.118Z",1,0,8,"hr","2025-09-10","https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fhouse-bill\u002F5291","\u003Cpre>\n[Congressional Record Volume 171, Number 148 (Wednesday, September 10, 2025)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [\u003Ca href=\"https:\u002F\u002Fwww.gpo.gov\">www.gpo.gov\u003C\u002Fa>]\nBy Mr. WILLIAMS of Texas:\nH.R. 5291.\nCongress has the power to enact this legislation pursuant\nto the following:\nArticle 1 Section 8 of the Constitution of the United\nStates.\n[Page H4240]\n\u003C\u002Fpre>","Finance and Financial Sector",{"date":6,"text":30},"Placed on the Union Calendar, Calendar No. 320.",5291,"reported",2,[35,36,37],"Bank accounts, deposits, capital","Banking and financial institutions regulation","Business investment and capital","finance and financial sector","2026-07-17T23:34:39Z",[41],{"citation":42,"url":43},"H. Rept. 119-368","https:\u002F\u002Fwww.congress.gov\u002Fcongressional-report\u002F119th-congress\u002Fhouse-report\u002F368",[45],{"name":46,"systemCode":47,"chamber":16,"activities":48,"subcommittees":58,"type":59},"Financial Services Committee","hsba00",[49,52,55],{"name":50,"date":51},"Referred To","2025-09-10T14:06:15Z",{"name":53,"date":54},"Markup By","2025-09-16T14:41:55Z",{"name":56,"date":57},"Reported By","2025-11-04T18:49:15Z",[],"Standing",[47],"2026-07-18T01:48:42.189Z",[63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81,82,83,84,85,86,87,88,89,90,91,92,93,94,95,96,97,98,99,100,101,10],"merchant","me","mer","merc","merch","mercha","merchan","banking","ba","ban","bank","banki","bankin","modernization","mo","mod","mode","moder","modern","moderni","moderniz","moderniza","modernizat","modernizati","modernizatio","act","rep","williams","wi","wil","will","willi","willia","william","roger","ro","rog","roge","tx",true,[104],{"versionCode":105,"actionDate":6,"actionDesc":106,"text":107,"updateDate":108},"07","Reported to House","\u003Cp>\u003Cstrong>Merchant Banking Modernization Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill requires financial holding companies to be allowed to hold merchant banking investments for a minimum of 15 years.\u003C\u002Fp>\u003Cp>Currently, financial holding companies are generally prohibited from holding interests in nonfinancial companies, however, there are statutory exemptions for merchant banking activities—financial services for private commercial entities. As a result of these financial services, the financial holding company may gain equity in these private commercial entities through portfolio holdings. Under current regulations, these holdings are subject to certain limitations, including a holding limit of 10 years, with the option of extending the period subject to review by the Federal Reserve Board.\u003C\u002Fp>","2025-12-05T18:03:36Z",[110],{"bioguideId":111,"fullName":112,"party":113,"state":114,"district":115,"sponsorshipDate":116,"isOriginalCosponsor":18,"withdrawn":18,"sponsorshipWithdrawnDate":3},"G000583","Rep. Gottheimer, Josh [D-NJ-5]","D","NJ","5","2025-09-15",{"G000583":118},"josh-gottheimer",[120,129,135,141,150,157,165,170],{"actionDate":6,"actionDateTime":3,"text":121,"type":122,"actionCode":123,"sourceSystem":124,"committees":127,"recordedVotes":3,"calendarNumber":3,"sequenceIndex":33,"isKeyMilestone":18},"Reported (Amended) by the Committee on Financial Services. H. 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