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Technology Stocks : Discuss Year 2000 Issues

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To: The Stockman who wrote (2152)7/15/1998 2:40:00 PM
From: John Mansfield  Read Replies (1) of 9818
 
'Year 2000 Legislation
(DISCUSSION DRAFT)

CONVENTION { } used to provide explanatory
comments; [ ] used to provide alternative text

Section 1. Short Title.

This Act may be cited as the Year 2000 Information
Disclosure Act.
Section 2. Findings.

The Congress hereby finds the following:

1.The disclosure of information related to Year 2000
readiness of entities, products and services is a
matter of national importance and a vital factor in
minimizing any potential disruption to the nation's
economic well-being as result of the transition to the
new Millennium.
2.Concern about the potential for legal liability
associated with the disclosure of Year 2000
compliance information may be impeding the
disclosure of such information.
3.The national interest will be served by uniform
application of the law in connection with the
disclosure of Year 2000 readiness information in
order to promote disclosures of such information in a
timely fashion.
4.The capability to freely disseminate and exchange
information relating to Year 2000 readiness, including
among competitors, is critical to the ability of public
and private entities to address Year 2000 needs in a
timely manner.

{Subsection (4) added to address additional antitrust
concerns raised in July 10th meeting with NAM
representatives.}

....
y2ktimebomb.com
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