December 10, 2025
Mr. Huizenga introduced the following bill; which was referred to the Committee on Financial Services
To require the Comptroller of the Currency and the Federal Deposit Insurance Corporation to carry out a study on shelf charters and modified bidder qualification processes, and for other purposes.
Section 1. Short title
This Act may be cited as the Enhancing Bank Resolution Participation Act
.
Sec. 2. Study on shelf charters and modified bidder qualification processes
(a) Study
The Comptroller of the Currency and the Federal Deposit Insurance Corporation shall, jointly, carry out a study of—
(1)
the use by the Comptroller of the Currency of shelf charters, including all conditional or preliminary shelf charter approvals granted between January 1, 2008, and the date of enactment of this Act;
(2)
the use by the Federal Deposit Insurance Corporation of the modified bidder qualification process;
(3)
whether shelf charters and modified bidder qualification processes were considered or used in connection with the receivership of any insured depository institution for which the Federal Deposit Insurance Corporation was appointed receiver in 2023; and
(4)
with respect to such receiverships, the extent to which greater use of shelf charters and modified bidder qualification processes could have—
(A)
expanded the pool of participants in the acquisition of the assets or liabilities of such failed insured depository institutions;
(B)
resulted in greater competition and diversity in market outcomes;
(C)
protected the Deposit Insurance Fund; or
(D)
strengthened financial stability and reduced the need for any emergency determination by the Secretary of the Treasury under section 13(c)(4)(G) of the Federal Deposit Insurance Act (12 U.S.C. 1823(c)(4)(G)) with respect to any such receivership.
(b) Report
Not later than 270 days after the date of enactment of this Act, the Comptroller of the Currency, and the Federal Deposit Insurance Corporation shall, jointly, submit a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate containing—
(1)
all findings and determinations made in carrying out the study required under subsection (a); and
(2)
an identification of statutory or regulatory barriers to the use and effectiveness of shelf charters and modified bidder qualification processes in the resolution of failed banks, including recommendations for legislative and regulatory changes.
(c) Consultation
The Comptroller of the Currency and the Federal Deposit Insurance Corporation shall consult with the Board of Governors of the Federal Reserve System in carrying out the study under subsection (a) and in preparing the report under subsection (b), including with respect to the application of the Bank Holding Company Act of 1956 to shelf charter proposals and to the participation of investors not organized as an insured depository institution in the modified bidder qualification process.
(d) Definitions
In this section:
(1) Insured depository institution
The term insured depository institution
has the meaning given the term in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(2) Modified bidder qualification process
The term modified bidder qualification process
has the meaning given such term in the press release of the Federal Deposit Insurance Corporation titled FDIC Expands Bidder List for Troubled Institutions Plan Allows Those Without a Bank Charter to Participate in the Process
published November 26, 2008.
(3) Shelf charter
The term shelf charter
has the meaning given such term in the report issued by the Comptroller of the Currency titled Activities Permissible for National Banks and Federal Savings Associations, Cumulative
published October 2017.