Loading chat...
NY S05640
Bill
Status
9/15/2023
Primary Sponsor
Jessica Ramos
Click for details
AI Summary
-
Prohibits employment agreements from requiring employees to assign inventions developed entirely on their own time without using employer equipment, supplies, facilities, or trade secrets
-
Creates exceptions allowing employers to require assignment of inventions that relate to the employer's business or anticipated research and development
-
Creates exceptions allowing employers to require assignment of inventions that result from work performed by the employee for the employer
-
Declares unenforceable any employment agreement provision that attempts to require assignment of inventions otherwise protected under this section
-
Takes effect immediately upon enactment
Legislative Description
Provides that employment provisions that require an employee to assign certain inventions that are made on the employee's own time and which do not use the employer's equipment, supplies, facilities, or trade secret information shall be unenforceable.
Last Action
SIGNED CHAP.434
9/15/2023