From: believer@telepath.com Subject: IP: Senate Passes Y2K Liability Limitation Bill Date: Tue, 29 Sep 1998 11:35:10 -0500 To: believer@telepath.com Source: US Newswire http://www.usnewswire.com/topnews/Current_Releases/0929-101.txt Senate Passes Y2K Liability Limitation Bill U.S. Newswire 29 Sep 8:49 Senate Passes Y2K Liability Limitation Bill To: National and State desks Contact: David Carle of the Office of Sen. Patrick Leahy, 202-224-3693 WASHINGTON, Sept. 29 /U.S. Newswire/ -- Following is the statement of Sen. Patrick Leahy (D-Vt.), ranking member of the Senate Judiciary Committee, on Senate passage Monday night, Sept. 28, 1998, of the Hatch-Leahy-Kyl Substitute to S.2392, which was initially introduced by Sen. Bob Bennett, R-Utah, at the request of the Administration. The bill also includes a new amendment by Sen. Fred Thompson (R-Tenn.). The bill now goes to the House. The bill's purpose is to encourage the full disclosure and exchange of solutions and test results for Year 2000 computer problems, by providing limited liability protection, for a limited time, for specific kinds of Year 2000 information that is considered essential to remediation efforts, but not for faulty products or services. It promotes company-to-company information sharing, without limiting the rights of consumers. The bill also includes a Leahy provision chartering a national Y2K Website for consumers, small businesses and local governments. "Four-hundred and fifty-eight days from now, millions of computers controlling our air traffic, recording credit card sales, running electric and phone systems, tracking bank deposits and monitoring hospital patients may crash in befuddlement. "No bill can magically solve the Y2K problem, but this bill greatly increases the chances that people will come forward more readily with solutions. "This bill also includes a provision I have offered that will help consumers, small businesses and local governments by chartering a national information clearinghouse and Website as a starting point to provide rapid and accurate information about solving Y2K problems. "Knowledge is power in exterminating the millennium bug, and it makes perfect sense to amplify and encourage the use of the Internet itself as an information resource in grappling with this problem." -0- /U.S. Newswire 202-347-2770/ 09/29 08:49 Copyright 1998, U.S. Newswire ----------------------- NOTE: In accordance with Title 17 U.S.C. section 107, this material is distributed without profit or payment to those who have expressed a prior interest in receiving this information for non-profit research and educational purposes only. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml ----------------------- ********************************************** To subscribe or unsubscribe, email: majordomo@majordomo.pobox.com with the message: (un)subscribe ignition-point email@address ********************************************** www.telepath.com/believer **********************************************