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H.R. 6955IntroducedHouseSenate · nowPresidentLawIn the Senate
Sec. 801 · H.R. 6955

Merchant Banking Modernization

Title VIII — Facilitating Innovation and Bank Partnerships

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No wording changed between Introduced and Committee version.

How the text changed

Before / AfterRedline
Introduced · Sec. 801

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.

•HR 6955 IHSEC. 801
Committee version · Sec. 801

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.

•HR 6955 RHSEC. 801

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