S. 2714 · 110th Congress

A bill to close the loophole that allowed the 9/11 hijackers to obtain credit cards from United States banks that financed their terrorists activities, to ensure that illegal immigrants cannot obtain credit cards to evade United States immigration laws, and for other purposes.

Stage
Introduced
Introduced
2008-03-05
Latest action
2008-03-06 · Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 599.

Summary

Authorizes a financial institution, when verifying the identity of a non-U.S. citizen or national who is seeking to open a bank account, to accept only: (1) a Social Security number; (2) a passport number and the country of issuance; (3) an alien identification card number; or (4) any combination of such items.

Prohibits a financial institution, for such verification purposes, from accepting identification documents issued by a foreign government, other than an unexpired passport.