,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #iehi  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #ae1         
#bjbb,mr4 ,mc,henry 7= himself & ,mr4   
,panetta7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to ensure !         
successful developm5t ( ! electronic    
,income ,v]ification ,express ,s]vice ( 
! ,int]nal ,rev5ue ,s]vice by am5d+ !   
,taxpay] ,fir/ ,act to cl>ify t taxpay] 
id5tity v]ification is ! responsibility 
( us]s ( ! sy/em r ?an ! taxpay]1 & =   
o!r purposes4  #a4 ,id5tity v]ification 
responsibility  7a7 ,9 g5]al ,section   
#bbja ( ! ,taxpay] ,fir/ ,act 7,public  
,law #aaf-be7 is am5d$-- 7#a7 9         
subsection 7a71 by /rik+ & at ! end (   
p>agraph 7#a71 by r$esignat+ p>agraph   
7#b7 z p>agraph 7#c71 & by ins]t+ aft]  
p>agraph 7#a7 ! foll[+ new p>agraph3    
7#b7 is accompli%$ only aft] a f9ancial 
in/itution 7or a s]vice provid]1        
subsidi>y1 affiliate1 ag5t1             
subcontractor1 or assignee ( a f9ancial 

in/itution7 has =m$ a reasonable belief 
t ! id5tity ( ! taxpay] has be5         
au!nticat$2 &  2 &  7#b7 9 subsection   
7b71 by /rik+ by ! ,secret>y to a p]son 
seek+ to v]ify ! income or cr$itwor?9ess
 ( a taxpay] :o is a borr[] 9 ! process 
( a loan application & ins]t+ 1 includ+ 
bus9ess tax return in=mation1 by !      
,secret>y to a taxpay] or f9ancial      
in/itution 7or a s]vice provid]1        
subsidi>y1 affiliate1 ag5t1             
subcontractor1 or assignee ( a f9ancial 
in/itution7 designat$ by a taxpay] seek+
 to v]ify ! income or cr$itwor?9ess ( a 
taxpay] :o is a borr[] 9 ! process ( a  
f9ancial application4  7b7 ,f9ancial    
in/itution def9ition1 /&>ds & guidel9es 
,section #bbja ( su* ,act is am5d$--    
7#a7 9 subsection 7c7-- 7,a7 by /rik+ ,!
 ,secret>y & ins]t+--  7#a7 ,9 g5]al ,! 
,secret>y  2 &  7,b7 by add+ at ! end ! 
foll[+ new p>agraph3  7#b7 ,/&>ds ,!    
,secret>y %all ensure t any /&>ds &     
guidel9es deem$ applicable to ! sy/em   
describ$ 9 ?is section-- 7,a7 ,enable a 

taxpay] to provide ! appropriate        
designation & electronic cons5t to a    
f9ancial in/itution 7or a s]vice        
provid]1 subsidi>y1 affiliate1 ag5t1    
subcontractor1 or assignee ( a f9ancial 
in/itution71 includ+ ^? def9$ 9 section 
#ajf ( ! ,electronic ,signatures 9      
,global & ,national ,comm]ce ,act 7#ae  
,u4,s4,c4 #gjjf72  7,b7 ,enable a       
f9ancial in/itution 7or a s]vice        
provid]1 subsidi>y1 affiliate1 ag5t1    
subcontractor1 or assignee ( a f9ancial 
in/itution7 to act ^u su* designation & 
cons5t to reque/ a qualifi$ disclosure  
directly ) ! sy/em implem5t$ pursuant to
 ?is section2 &  7,c7 ,ensure ! security
 & confid5tiality ( taxpay] in=mation1  
to ! ext5t su* /&>ds & guidel9es d n    
conflict ) o!r /&>ds & guidel9es        
applicable to f9ancial in/itutions4  2 &
  7#b7 by r$esignat+ subsections 7c7 &  
7d7 z subsections 7d7 & 7e71            
respectively1 & by ins]t+ aft]          
subsection 7b7 ! foll[+ new subsection3 
7c7 ,f9ancial in/itution ,= purposes (  

?is section1 ! t]m f9ancial in/itution  
has ! mean+ giv5 su* t]m 9 section #eji 
( ! ,gramm-,lea*-,bliley ,act 7#ae      
,u4,s4,c4 #fhji74  4  7c7 ,limitation on
 au?ority ,section #bbja ( su* ,act is  
am5d$ by add+ at ! end ! foll[+ new     
subsection3  7f7 ,limitation on au?ority
 ,! ,secret>y may n require a taxpay]   
seek+ a qualifi$ disclosure to access   
any in=mation te*nology sy/em or s]vice 
us$ by or on behalf ( ! ,int]nal ,rev5ue
 ,s]vice pursuant to ?is section = any  
purpose relat+ to a qualifi$ disclosure1
 includ+ id5tity v]ification or !       
provision ( electronic cons5t4  4  7d7  
,effective date ,! am5dm5ts made by ?is 
section %all take effect z if includ$ 9 
section #bbja ( ! ,taxpay] ,fir/ ,act   
7,public ,law #aaf-be74