3.0.0 2854 2023-01-11T13:42:31Z 2023-01-11T13:42:31Z Senate S 2018-05-16 115 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Hearings by 2018-09-18T14:00:00Z Referred to 2018-05-16T14:33:20Z MOBILE Act of 2017 115 1457 HR 2018-01-30 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2018-09-18 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Committee 2018-05-16 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2018-05-16 Introduced in Senate IntroReferral 10000 9 Library of Congress S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC N C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2018-05-16 True P000612 Sen. Perdue, David [R-GA] David Perdue R GA Alfred 2018-05-16 True Transportation and Public Works Transportation and Public Works 00 2018-05-16 Introduced in Senate 2019-02-21T16:42:51Z MOBILE Act of 2018

This bill establishes requirements for the use of an individual's driver's license or personal identification card by financial institutions to open an account or obtain a financial product or service. It allows financial institutions to scan or copy personal information and store or retain it in any electronic format.

Except as required to comply with federal bank secrecy laws, a financial institution may only use such information to: (1) verify the authenticity of the driver's license or personal identification card; (2) verify the identity of the individual; and (3) comply with a legal requirement to record, retain, or transmit the personal information in connection with opening an account or obtaining a financial product or service. After using the driver's license or personal information card for such purposes, the financial institution must permanently delete any image of the license or card within a reasonable amount of time.

The Department of the Treasury shall report to Congress on: (1) the decrease in the unbanked or underbanked populations through the use of the technology described in this bill in rural communities and underserved populations, and (2) the increase in violations of federal or state laws relating to the disclosure and security of personal information by a financial institution.

]]> MOBILE Act of 2018 Display Title MOBILE Act of 2018 Official Title as Introduced A bill to establish requirements for use of a driver's license or personal identification card by certain financial institutions for opening an account or obtaining a financial product or service, and for other purposes. Introduced in Senate IS Short Titles as Introduced MOBILE Act of 2018 Introduced in Senate 2018-05-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s2854is/xml/BILLS-115s2854is.xml 2018-09-18 Committee on Banking, Housing, and Urban Affairs. Hearings held. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.