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H.R. 5192, Protecting Children from Identity Theft Act (CBO Report for Congress)

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Congress 115th
Date Requested April 11, 2018
Requested By House Committee on Ways and Means
Date Sent April 12, 2018
Description:

The Social Security Administration (SSA) operates the Consent Based Social Security Number Verification (CBSV) service, a fee-based program that allows financial institutions to verify that their records of a person’s name, date of birth, and Social Security Number match SSA’s data. SSA tells institutions only whether the data does or does not match; no other detail is provided. The fees are classified as offsetting collections that are credited against SSA’s discretionary appropriations.

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