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HI HB2617
Bill
Status
1/23/2014
Primary Sponsor
Chris Lee
Click for details
AI Summary
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Prohibits technology businesses from enforcing noncompete and nonsolicit clauses in employment agreements, making such agreements void and unenforceable.
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Defines "technology business" as any trade or business that relies on software development, information technology, or both.
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Applies to all written noncompete and nonsolicit clauses entered into after June 30, 2014, and to amendments to existing agreements created before July 1, 2014.
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Preserves employer protections for trade secrets under existing law (Uniform Trade Secrets Act and Hawaii Revised Statutes Section 480-4(c)(4)).
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Intended to stimulate Hawaii's economy by encouraging employee mobility, facilitating new business creation, and preventing skilled technology workers from being driven to other jurisdictions.
Legislative Description
Restrictive Technology Employment Covenants or Agreements
Last Action
The committee(s) on EDB recommend(s) that the measure be deferred.
2/11/2014