Remote Notarization Bill Featured in House Hearing
This week, the Committee on Energy and Commerce Subcommittee on Consumer Protection and Commerce, held a hearing on legislative proposals to protect consumers and strengthen the economy. The hearing touched on several House bills including AFSA-supported, H.R. 3962 – Securing and Enabling Commerce Using Remote and Electronic Notarization Act (SECURE Notarization Act).
The SECURE Notarization Act, introduced by Reps. Madeleine Dean (D-PA) and Kelly Armstrong (R-ND), has 90 bipartisan co-sponsors. They would expand the usage of Remote Online Notarizations (RONs), enabling businesses and consumers to execute crucial documents in different physical locations using two-way audiovisual communication.
AFSA joined several trade associations to reiterate support in a letter to the House bill sponsors yesterday. The letter highlighted the need to expand RONs across the nation within the automotive industry, “[N]otarizations are used extensively in real estate transactions, as well as in a variety of other important areas including affidavits, powers of attorney, living trusts, advance health care directives, and automotive transactions, among others.”
The AFSA team will keep you updated as the SECURE Notarization Act moves through the legislative process.
May 24th, 2022 by Dan Bucherer