HR1457: Making Online Banking Initiation Legal and Easy Act of 2017

By | April 26, 2018
The Seal of the US Department of Treasury

The Seal of the US Department of Treasury. HR10 would eliminate the Treasuries department of financial research among other financial institution regulatory changes if passed.

Allows banks to record personal info from a copy of an individual’s driver’s license and store that information electronically.

Official Summary

Passed House
Passed Senate
Signed by President
Became Public Law


Amended in committee.


Original sponsor: Rep. Tipton, Scott R. [R-CO-3]


Passed House:

Related bill: S2155 (Related bill; passed Senate)

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