New York Lawmakers Deliver Noncompete Bill to Governor Without High-Income Exception—Could Amendments Be in the Works?
On December 12, 2023, New York lawmakers formally delivered a bill to Governor Kathy Hochul’s desk for signature that would ban nearly all types of noncompete agreements in employment. The legislature and governor’s office are now reportedly in the process of negotiating “chapter amendments” to the legislation. The governor has ten days to veto the bill or sign the existing legislation and continue negotiating chapter amendments.