SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jack Zahran who wrote (23644)9/29/1998 6:10:00 PM
From: Phillip Kelly  Read Replies (1) of 31646
 
KEA down $3, but this Senate bill should help with a little Tava PR.

Senate passes Y2K bill

By Margaret Kane
09/29/98 12:50:00 PM
ZDNet Related Stories Y2K lawsuits could drown consultants
Y2K bug litigation could hit $1 trillion in Florida
The U.S. Senate has passed a bill that would limit liability for companies reporting Year 2000 issues.
The bill, which will now go to the House of Representatives, was designed to encourage companies to disclose their Year 2000 problems and to discuss remedies with other companies, while protecting them from lawsuits.
The bill would not protect companies from lawsuits arising from non-compliant products or services, said an aide to Sen. Patrick Leahy (D-Vt.), who is one of the bill's sponsors.
Could this bill help ease some of the Y2K problems? Add your comments to the bottom of this page.

Matter will be expedited
While there are several similar bills in the House, the House Judiciary Committee has agreed to take up the Senate bill in order to expedite the matter.
Leahy's aide said that he expects the bill to be taken up by the full House before it adjourns.

"This is a high priority for both the House and the Senate as well as the administration," he said.

The bill also calls for the creation of a national Year 2000 Web site aimed at helping consumers, small businesses and local governments find information about Year 2000 issues.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext