,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #cifh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #ag1 #bjba,mr4  
,torres ( ,new ,york 7= himself1 ,mr4   
,%]man1 ,ms4 ,velzquez1 ,mr4 ,meeks1    
,mrs4 ,c>olyn ,b4 ,maloney ( ,new ,york1
 ,ms4 ,cl>ke ( ,new ,york1 ,mr4 ,suozzi1
 ,mr4 ,espaillat1 ,mr4 ,nadl]1 ,ms4     
,ocasio-,cortez1 ,ms4 ,m5g1 ,mr4        
,jeffries1 & ,mr4 ,b[man7 introduc$ !   
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to require ! ,bo>d ( ,gov]nors 
( ! ,f$]al ,res]ve ,sy/em1 ! ,f$]al     
,deposit ,insurance ,corporation1 !     
,f9ancial ,crimes ,en=cem5t ,network1 ! 
,national ,cr$it ,union ,adm9i/ration1 !
 ,(fice ( ! ,comptroll] ( ! ,curr5cy1 & 
! ,unit$ ,/ates ,dep>tm5t ( ! ,treasury 
to update guidance on cu/om]            
id5tification regulations ) respect to !
 use ( id5tification c>ds issu$ by a    
municipality1 & = o!r purposes4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,municipal ,i,ds ,acceptance ,act4  #b4 

,f9d+s ,congress f9ds ! foll[+3 7#a7    
,curr5t law & regulations require c]ta9 
f9ancial in/itutions1 includ+ depository
 in/itutions1 sav+s associations1 &     
cr$it unions1 to h a ,cu/om]            
,id5tification ,program to id5tify      
cu/om]s :o wi% to op5 acc\nts4  7#b7 ,a 
f9ancial in/itution mu/ h risk-bas$     
proc$ures = evaluat+ new cu/om]s t all[ 
! f9ancial in/itution to =m a reasonable
 belief t ! f9ancial in/itution kn[s !  
true id5tity ( ! cu/om]4  7#c7 ,guidance
 on ! ,consum] ,id5tification ,program  
has n be5 updat$ s9ce ! /aff ( ! ,bo>d (
 ,gov]nors ( ! ,f$]al ,res]ve ,sy/em1   
,f$]al ,deposit ,insurance ,corporation1
 ,f9ancial ,crimes ,en=cem5t ,network1  
,national ,cr$it ,union ,adm9i/ration1  
,(fice ( ! ,comptroll] ( ! ,curr5cy1    
,(fice ( ,?rift ,sup]vision1 & ! ,unit$ 
,/ates ,dep>tm5t ( ! ,treasury 79 ?is   
section ref]r$ to z ! ,ag5cies7 issu$   
,int]ag5cy ,int]pretive ,guidance on    
,cu/om] ,id5tification ,program         
,requirem5ts "u ,section #cbf ( ! ,,usa 

,,patriot ,act1 #bjje ,f,a,qs4  7#d7    
,ov] ! la/ decade m ?an two doz5 cities 
& c\nties 9 ! ,unit$ ,/ates h in/itut$  
municipal id5tification programs1 issu+ 
a =m ( id5tification to resid5ts :o     
typically d n h driv]'s lic5ses1 includ+
 "y p1 ! eld]ly1 homeless resid5ts1 &   
immigrants4  7#e7 ,municipal            
id5tification programs help vuln]able   
populations access private & public     
s]vices1 includ+ libr>y s]vices1 utility
 acc\nts1 food1 m$ical c>e1 & h\s+      
assi/ance4  7#f7 ,:ile ! ,ag5cies h     
issu$ /atem5ts ab\t ! use ( municipal   
id5tification = consum] id5tification1  
_m f9ancial in/itutions h be5 hesitant  
to incorporate municipal id5tification  
into ! ,consum] ,id5tification          
,programs1 limit+ access to bank+ =     
und]s]v$ populations4  7#g7 ,x is       
important = ! ,ag5cies to cl>ify1 9     
guidance1 t f9ancial in/itutions may    
accept municipal id5tification to       
e/abli% a cu/om]'s id5tity if su*       
id5tification enables ! bank to =m a    

reasonable belief t ! bank kn[s ! true  
id5tity ( ! cu/om]4  #c4 ,updat+        
guidance on cu/om] id5tification        
regulations ,! ,bo>d ( ,gov]nors ( !    
,f$]al ,res]ve ,sy/em1 ! ,f$]al ,deposit
 ,insurance ,corporation1 ! ,f9ancial   
,crimes ,en=cem5t ,network1 ! ,national 
,cr$it ,union ,adm9i/ration1 ! ,(fice ( 
! ,comptroll] ( ! ,curr5cy1 & !         
,dep>tm5t ( ! ,treasury %all update !   
guidance titl$ ,guidance on ,cu/om]     
,id5tification ,regulations ,f9ancial   
,crimes ,en=cem5t ,network ,f,a,qs3     
,f9al ,,cip ,rule issu$ on ,janu>y #h1  
#bjjd1 to /ate t an id5tification c>d   
issu$ by a municipality may be us$ by a 
bank to v]ify ! id5tity ( a cu/om] if   
su* id5tification c>d enables ! bank to 
=m a reasonable belief t ! bank kn[s !  
true id5tity ( ! cu/om]4