COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1607-02
Bill No.: Perfected SB 381
Subject: Employees - Employers; Contracts
Type: Original
Date: March 7, 2001
FISCAL SUMMARY
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
None | $0 | $0 | $0 |
Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
None | $0 | $0 | $0 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Office of Administration - Division of Personnel, Office of Administration - Division of Design and Construction, Office of Attorney General, Department of Labor and Industrial Relations and Office of State Courts Administrator assume the proposed legislation would have no fiscal impact on their agencies.
FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
$0 | $0 | $0 |
FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
$0 | $0 | $0 |
FISCAL IMPACT - Small Business
This proposal could affect hiring practices of small businesses.
DESCRIPTION
This proposal makes written non-solicitation agreements enforceable. These agreements will not be considered restraints of trade if they are: 1) between two or more business entities seeking to protect workforce stability or protection against misuse of trade secrets; 2) between employers and employees seeking to protect trade secrets or customer relationships; or 3) between employers and employees and have a post-employment duration of less than one year. This proposal will apply prospectively and retrospectively.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Labor and Industrial Relations
Office of Administration - Division of Design and Construction
Office of Administration - Division of Personnel
Office of Attorney General
Office of State Courts Administrator
Jeanne Jarrett, CPA
Director
March 7, 2001