Loading chat...
HI SB1279
Bill
AI Summary
-
Prohibits noncompete and nonsolicit clauses in employment contracts for employees of technology businesses, making such clauses void and unenforceable.
-
Defines "technology business" as a trade deriving majority revenue from software development or information technology development, excluding broadcast and telecommunications carriers.
-
Exempts trade secret protections under existing law, which employers can still use to restrict employee competition without noncompete agreements.
-
Applies to all written, binding noncompete and nonsolicit clauses entered into after June 30, 2015.
-
Intended to stimulate Hawaii's economy by preserving jobs and enabling technology employees to establish new businesses in the state rather than relocating.
Legislative Description
Technology; Employment Covenants or Agreements
Last Action
The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) McKelvey, Woodson, Brower, Creagan, Har, Hashem, Kawakami, C. Lee, Nakashima, Oshiro, San Buenaventura, Takayama, Yamane, Fukumoto Chang, McDermott; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Belatti.
4/6/2015