It’s Time to Get REAL, California

It’s Time to Get REAL, California

If Dante’s Inferno had named a 10th circle of hell, it might have been called the “Line at the Department of Motor Vehicles (DMV)”. The experience is typically so painful, you try everything to avoid it. But before October 1, 2020, you may choose to spend some time at the DMV to save yourself an even greater headache in the future. That is because October 1, 2020 is when the California Driver’s License you are currently carrying will be good for driving and as identification within the State of California, but not an approved form of Federal ID. So, if you’re planning a vacation involving air travel next Fall – even if it involves flying domestically – you won’t be able to use your old CA Driver’s License to get through security.

What happened?

In 2005, Congress passed the REAL ID Act to establish minimum security standards for the issuance of identification cards, including driver’s licenses. The goal of this coordinated effort by the states and federal government is to inhibit terrorists’ ability to use fraudulent identification. The Department of Homeland Security moved forward with a phased enforcement of the act in 2013 and most states have already complied. California has been late to the party and is now on its second extension of the rollout of the updated license, which gives Californians until the end of September 2020 to get the REAL ID.

How do I get the REAL ID?

You must appear in person at the DMV to get the federally compliant REAL ID. As expected, scheduling an appointment ahead of time is highly recommended unless you have nothing but time (and brain cells) to kill! At your appointment, you will need to provide documentation from an approved list to prove: (1) your identity, (2) your Social Security number, and (3) California residency. Go to www.dmv.ca.gov and click on “List of documents to apply for a REAL ID” to see the full list that range from your birth certificate to a utility bill.

Maybe I already have the REAL ID?

A California REAL ID has a golden bear in the upper right-hand corner and an image of California poppies in the lower left-hand corner. When exposed to ultraviolet light, the Golden Gate Bridge and Coit Tower are revealed. There were 2.3 million REAL ID cards issued before the end of 2018 when it was discovered that California hadn’t followed the proper protocol outlined by the federal government by requiring only one form of identification instead of two. For these lucky (or unlucky depending on your point of view) cardholders, they will be allowed to use the REAL ID they’ve been issued until it expires. At that point, they will be required to provide a second form of ID at the DMV to have a real REAL ID issued.

What if I don’t comply?

There is no requirement that you get the REAL ID. If you don’t have time before October 1, 2020 or just don’t want to deal with it because you have a few more years before your current license expires, that’s fine. However, you must have a valid passport for all travel – even domestic! – and to access federal facilities like military bases and federal courthouses.

Will I have to take the test?

In a cruel twist of fate, if you apply for the CA REAL ID more than 60 days before your license expires, you will be required to take the written test in addition to getting a new photo and taking the vision test. Why? Why?!?! Because you’ve essentially shortened the time that the DMV can judge that you’re a safe driver by renewing ‘too early’. If you’re able to schedule the appointment to get the REAL ID just before your birthday, consider yourself lucky… the first available appointments are now several months out.

 

Sources: www.dhs.gov/real-id; www.dmv.ca.gov; www.ocregister.com

Articles and Commentary

Information provided in written articles are for informational purposes only and should not be considered investment advice. There is a risk of loss from investments in securities, including the risk of loss of principal. The information contained herein reflects Sand Hill Global Advisors' (“SHGA”) views as of the date of publication. Such views are subject to change at any time without notice due to changes in market or economic conditions and may not necessarily come to pass. SHGA does not provide tax or legal advice. To the extent that any material herein concerns tax or legal matters, such information is not intended to be solely relied upon nor used for the purpose of making tax and/or legal decisions without first seeking independent advice from a tax and/or legal professional. SHGA has obtained the information provided herein from various third party sources believed to be reliable but such information is not guaranteed. Certain links in this site connect to other websites maintained by third parties over whom SHGA has no control. SHGA makes no representations as to the accuracy or any other aspect of information contained in other Web Sites. Any forward looking statements or forecasts are based on assumptions and actual results are expected to vary from any such statements or forecasts. No reliance should be placed on any such statements or forecasts when making any investment decision. SHGA is not responsible for the consequences of any decisions or actions taken as a result of information provided in this presentation and does not warrant or guarantee the accuracy or completeness of this information. No part of this material may be (i) copied, photocopied, or duplicated in any form, by any means, or (ii) redistributed without the prior written consent of SHGA.


Video Presentations

All video presentations discuss certain investment products and/or securities and are being provided for informational purposes only, and should not be considered, and is not, investment, financial planning, tax or legal advice; nor is it a recommendation to buy or sell any securities. Investing in securities involves varying degrees of risk, and there can be no assurance that any specific investment will be profitable or suitable for a particular client’s financial situation or risk tolerance. Past performance is not a guarantee of future returns. Individual performance results will vary. The opinions expressed in the video reflect Sand Hill Global Advisor’s (“SHGA”) or Brenda Vingiello’s (as applicable) views as of the date of the video. Such views are subject to change at any point without notice. Any comments, opinions, or recommendations made by any host or other guest not affiliated with SHGA in this video do not necessarily reflect the views of SHGA, and non-SHGA persons appearing in this video do not fall under the supervisory purview of SHGA. You should not treat any opinion expressed by SHGA or Ms. Vingiello as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of general opinion. Nothing presented herein is or is intended to constitute investment advice, and no investment decision should be made based solely on any information provided on this video. There is a risk of loss from an investment in securities, including the risk of loss of principal. Neither SHGA nor Ms. Vingiello guarantees any specific outcome or profit. Any forward-looking statements or forecasts contained in the video are based on assumptions and actual results may vary from any such statements or forecasts. SHGA or one of its employees may have a position in the securities discussed and may purchase or sell such securities from time to time. Some of the information in this video has been obtained from third party sources. While SHGA believes such third-party information is reliable, SHGA does not guarantee its accuracy, timeliness or completeness. SHGA encourages you to consult with a professional financial advisor prior to making any investment decision.

Recent Posts

Sep 16, 2021
CNBC Halftime Report: Watching for Catalysts in the Stock Market | September 16, 2021
Sand Hill News
Sand Hill News
CNBC Halftime Report: Watching for Catalysts in the Stock Market | September 16, 2021

On September 16, 2021, Sand Hill CIO Brenda Vingiello, CFA joined the CNBC Halftime Report panel once again and discussed what positive catalysts investors can

read more
Sep 8, 2021
CNBC Squawk Box: What To Expect From Markets in the Coming Months | September 8, 2021
Sand Hill News
Sand Hill News
CNBC Squawk Box: What To Expect From Markets in the Coming Months | September 8, 2021

On September 8th, 2021, Sand Hill CIO Brenda Vingiello, CFA joined the CNBC Squawk Box program once again. Brenda addressed what the month of October

read more
Aug 31, 2021
CNBC Squawk Box: What Could Cause a 5% Market Pullback | August 31, 2021
Sand Hill News
Sand Hill News
CNBC Squawk Box: What Could Cause a 5% Market Pullback | August 31, 2021

On August 31, 2021, Sand Hill CIO Brenda Vingiello, CFA joined the CNBC Squawk Box program once again. In the below clip, Brenda discusses what

read more

Stay up to date, receive email updates from Sand Hill directly to your inbox!