Connecticut 2019 Regular Session

Connecticut Senate Bill SB01033 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2
3	3
4	4	LCO No. 5527 1 of 3
5	5
6	6	General Assembly Raised Bill No. 1033
7	7	January Session, 2019
8	8	LCO No. 5527
9	9
10	10
11	11	Referred to Committee on COMMERCE
12	12
13	13
14	14	Introduced by:
15	15	(CE)
16	16
17	17
18	18
19	19
20	20	AN ACT CONCERNING NO NCOMPETE AGREEMENTS IN THE
21	21	BLOCKCHAIN TECHNOLOG Y INDUSTRY.
22	22	Be it enacted by the Senate and House of Representatives in General
23	23	Assembly convened:
24	24
25	25	Section 1. (NEW) (Effective from passage) (a) As used in this section: 1
26	26	(1) "Blockchain technology" means distributed ledger technology 2
27	27	that uses a distributed, decentralized, shared and replicated ledger that 3
28	28	may be public or private, permissioned or permissionless and that may 4
29	29	include the use of electronic currencies or electronic tokens as a 5
30	30	medium of electronic exchange; 6
31	31	(2) "Blockchain technology industry employer" means an entity 7
32	32	engaged in blockchain technology business who has employees; 8
33	33	(3) "Blockchain technology employee" means any employee of a 9
34	34	blockchain technology industry employer; and 10
35	35	(4) "Distributed ledger technology" means any database that is 11
36	36	consensually shared and synchronized across multiple sites, 12
37	37	institutions or geographies allowing for public witnesses to such 13 Raised Bill No. 1033
38	38
39	39
40	40
41	41	LCO No. 5527 2 of 3
42	42
43	43	transactions and may include supporting infrastructure, including 14
44	44	blockchain technology, that uses a distributed, decentralized, shared 15
45	45	and replicated ledger, whether public or private, permissioned or 16
46	46	permissionless, and that may include the use of electronic currencies or 17
47	47	electronic tokens as a medium of electronic storage. 18
48	48	(b) No blockchain technology industry employment contract for the 19
49	49	services of a blockchain technology employee may contain a provision 20
50	50	requiring that such blockchain technology employee: 21
51	51	(1) Refrain from obtaining employment in a specified geographical 22
52	52	area for a specified period of time after termination of employment 23
53	53	with such blockchain technology industry employer; 24
54	54	(2) Disclose the terms or conditions of an offer of employment, or 25
55	55	the existence of any such offer, from any other blockchain technology 26
56	56	industry employer following the expiration of the term of the 27
57	57	employment contract; or 28
58	58	(3) Agree to enter into a subsequent employment contract with the 29
59	59	blockchain technology industry employer, or extend or renew the 30
60	60	existing employment contract, upon the same terms and conditions 31
61	61	offered by a prospective employer. 32
62	62	(c) Any person who is aggrieved by a violation of this section may 33
63	63	bring a civil action in the Superior Court to recover damages, together 34
64	64	with court costs and reasonable attorney's fees. 35
65	65	(d) The provisions of this section shall apply to blockchain industry 36
66	66	employment contracts entered into, renewed or extended on or after 37
67	67	July 1, 2019. 38
68	68	This act shall take effect as follows and shall amend the following
69	69	sections:
70	70
71	71	Section 1 from passage New section
72	72	Raised Bill No. 1033
73	73
74	74
75	75
76	76	LCO No. 5527 3 of 3
77	77
78	78	Statement of Purpose:
79	79	To prohibit the use of noncompete agreements in the blockchain
80	80	technology industry.
81	81	[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline,
82	82	except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is
83	83	not underlined.]
84	84