IA SF380

Prohibits noncompete covenants for registered nurses and advanced registered nurse practitioners who earn less than 150% of the state or federal minimum wage

Requires employers to demonstrate by a preponderance of evidence that a noncompete covenant is necessary due to clear risk of unfair competition and is narrowly tailored in geographic area and duration for nurses earning above the wage threshold

Excludes from the definition of "noncompete covenant" confidentiality agreements, trade secret protections, invention assignment agreements, and covenants not to solicit

Allows employees to recover attorney fees, court costs, lost wages, and up to triple damages for willful violations, while employers face a $5,000 civil penalty per violation payable to the Department of Inspections, Appeals, and Licensing

Applies only to noncompete covenants entered into on or after the effective date of the Act