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HR 6287 114th Congress House Finance and Financial Sector Bank accounts, deposits, capital Business records Financial services and investments Licensing and registrations Motor vehicles

MOBILE Act of 2016

Introduced: September 28, 2016 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 28, 2016
Referred to the House Committee on Financial Services.
Sep 28, 2016
Introduced in House
 Plain-English summary Congressional Research Service

Making Online Banking Initiation Legal and Easy Act of 2016 or the MOBILE Act of 2016

This bill authorizes a financial institution, with an individual's consent, to record personal information from a swipe or copy of an individual's driver's license or personal identification card and store the information electronically for the purpose of verifying the authenticity of the driver's license or identification card, verifying the identity of the individual, or complying with legal requirements.

Financial institutions must not sell, rent, transfer, or make the personal information available to another person, other than an affiliate.

What's happening now September 28, 2016

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1