Victims of Identity Fraud Fund established under subsection (b)(1). (b) Establishment (1) In general There is established within the Treasury of the United States a fund, which shall be known as the Identity Verification, Payment Integrity, and Victims of Identity Fraud Fund . (2) Administration The Director and the Administrator shall jointly administer the Fund. (c) Use of funds (1) Mandatory transfer Upon the date of enactment of this Act, the Director and the Administrator shall jointly transfer from the Fund— (A) not less than $75,000,000 to the Commissioner of Social Security to support— (i) the development of a Social Security number verification service for use by Federal agencies— (I) that compares identity information of an individual, including the name, date of birth, and Social Security number of the individual, provided by a Federal agency against the identity information of the individual maintained by the Social Security Administration