H.R. 3968: Municipal IDs Acceptance Act

CBO Score

$0

Date of Report

Wed February 9th, 2022

Legislation Details

117th Congress

To require the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the United States Department of the Treasury to update guidance on customer identification regulations with respect to the use of identification cards issued by a municipality, and for other purposes.

Sponsor: Rep. Ritchie Torres — D — NY

Directs financial regulatory agencies to update specified guidance to include municipal identification cards as acceptable forms of identification for purposes of verifying the identity of a bank customer.

View the full vote history of this bill on GovTrack.us.

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