S.1594: Digital Signature and Electronic Authentication Law (SEAL) of 1998

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about congress
  • Introduced Feb. 2, 1998
  • Latest Major Action March 11, 1998

Bill Cosponsor

Bill Summary

Digital Signature and Electronic Authentication Law (SEAL) of 1998 - Amends the Bank Protection Act of 1968 to authorize a financial institution to use electronic authentication in business transactions if it has entered into an agreement to do so with a counterparty, or has established a banking, financial or transactional system using electronic authentication. Empowers the appropriate Federal or State bank supervisor to preclude the use of...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking.
Subcommittee on Finance and Technology. Hearings held.
Feb. 2, 1998

Introduced in the Senate by Robert F. Bennett (R-Utah)

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