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HI SB1279
Bill
AI Summary
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Prohibits noncompete and nonsolicit clauses in employment contracts for employees of technology businesses, rendering such clauses void and unenforceable.
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Defines "technology business" as a trade or business deriving the majority of revenue from software development or information technology development, excluding broadcast and telecommunications carriers.
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Permits employers to maintain trade secret protection agreements under existing law (section 480-4(c)(4)) as an alternative to noncompete clauses.
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Applies to all written, binding noncompete and nonsolicit clauses entered into after June 30, 2015.
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Effective January 7, 2059.
Legislative Description
Technology; Employment Covenants or Agreements
Last Action
Carried over to 2016 Regular Session.
12/17/2015
Committee Referrals
Consumer Protection & Commerce3/27/2015
Economic Development & Business3/12/2015
Judiciary and Labor2/20/2015
Economic Development and Technology1/29/2015
Full Bill Text
No bill text available