,,ii #aaeth ,,congress #b;d ,session ,s4 #bhed ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #af1 #bjah,mr4 ,scott 7for himself1 ,ms4 ,cortez ,masto1 and ,mr4 ,perdue7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,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 service1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,mobile ,act of #bjah4 #b4 ,making online banking initiation legal and easy 7a7 ,definitions ,in this section3 7#a7 ,affiliate ,the term affiliate has the meaning given the term in section #b of the ,bank ,holding ,company ,act of #aief 7#ab ,u4,s4,c4 #ahda74 7#b7 ,driver's license ,the term driver's license means a license issued by a ,state to an individual that authorizes the individual to operate a motor vehicle on public streets1 roads1 or highways4 7#c7 ,federal bank secrecy laws ,the term ,federal bank secrecy laws means-- 7,a7 section #ba of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahbi;b72 7,b7 section #abc of ,public ,law #ia-ejh 7#hd ,stat4 #aaaf72 and 7,c7 subchapter ,,ii of chapter #ec of title #ca1 ,united ,states ,code4 7#d7 ,federally recognized ,indian ,tribe ,the term federally recognized ,indian ,tribe has the meaning given the term by the ,secretary of the ,interior under section #ajd7;a7 of the ,federally ,recognized ,indian ,tribe ,list ,act of #aiid 7#be ,u4,s4,c4 #eaca7;a774 7#e7 ,financial institution ,the term financial institution means-- 7,a7 an insured depository institution2 7,b7 an insured credit union2 or 7,c7 any affiliate of an insured depository institution or insured credit union4 7#f7 ,financial product or service ,the term financial product or service has the meaning given the term in section #ajjb7ae7 of the ,consumer ,financial ,protection ,act of #bjaj 7#ab ,u4,s4,c4 #edha7ae774 7#g7 ,insured credit union ,the term insured credit union has the meaning given the term in section #aja of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #ageb74 7#h7 ,insured depository institution ,the term insured depository institution has the meaning given the term in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac74 7#i7 ,online service ,the term online service means any ,internet-based service1 such as a ,web site or mobile application4 7#aj7 ,personal identification card ,the term personal identification card means an identification document issued by a ,state1 local government1 or federally recognized ,indian ,tribe to an individual solely for the purpose of identification of that individual4 7#aa7 ,personal information ,the term personal information means the information displayed on or electronically encoded on a driver's license or personal identification card that is reasonably necessary to fulfill the purpose and uses permitted by subsection 7b74 7#ab7 ,state ,the term ,state means any ,state1 commonwealth1 territory1 or possession of the ,united ,states1 the ,district of ,columbia1 the ,commonwealth of ,puerto ,rico1 the ,commonwealth of the ,northern ,mariana ,islands1 ,american ,samoa1 ,guam1 or the ,united ,states ,virgin ,islands4 7#ac7 ,scan ,the term scan means the act of using a device or software to decipher1 in an electronically readable format1 personal information displayed on or electronically encoded on a driver's license or personal identification card4 7b7 ,use of a driver's license or personal identification card 7#a7 ,in general ,when an individual initiates a request through an online service to open an account with a financial institution or obtain a financial product or service from a financial institution1 the financial institution may record personal information from a scan of the driver's license or personal identification card of the individual1 or make a copy or receive an image of the driver's license or personal identification card of the individual1 and store or retain such information in any electronic format for the purposes described in paragraph 7#b74 7#b7 ,uses of information ,except as required to comply with ,federal bank secrecy laws1 a financial institution may only use the information obtained under paragraph 7#a7-- 7,a7 to verify the authenticity of the driver's license or personal identification card2 7,b7 to verify the identity of the individual2 and 7,c7 to comply with a legal requirement to record1 retain1 or transmit the personal information in connection with opening an account or obtaining a financial product or service4 7#c7 ,deletion of image ,a financial institution that makes a copy or receives an image of a driver's license or personal identification card of an individual in accordance with paragraph 7#a7 shall1 after using the image for the purposes described in paragraph 7#b71 permanently delete1 within a reasonable amount of time-- 7,a7 any image of the driver's license or personal identification card1 as applicable2 and 7,b7 any copy of any such image4 7c7 ,disclosure of personal information ,nothing in this section shall be construed to amend1 modify1 or otherwise affect any ,state or ,federal laws that govern a financial institution's disclosure and security of personal information that is not publicly available4 7d7 ,report ,not later than #a year after the date of enactment of this ,act1 the ,secretary of the ,treasury shall submit to ,congress a report on-- 7#a7 the decrease in the unbanked or underbanked populations through the use of the technology described in this ,act in rural communities and underserved populations2 and 7#b7 the increased incidence of violations of ,federal or ,state laws described in subsection 7c74 7e7 ,relation to ,state law ,the provisions of this section shall preempt and supersede any ,state law that conflicts with a provision of this section1 but only to the extent of such conflict4