- Regulates all restrictive post-employment agreements, including noncompete agreements, confidentiality agreements, no-business agreements, nonsolicitation agreements, no-recruit agreements, payment-for-competition agreements, and training reimbursements agreements;
- Prohibits noncompete agreements and all other restrictive agreements, except confidentiality agreements and training-reimbursement agreements, for low-wage workers, defined as those making less than the state's annual mean wage;
- Requires advance notice and other procedural requirements for an enforceable noncompete agreement or other restrictive agreement; and
- Creates penalties and enforcement by the state as well as private rights of action.
(Note: This summary applies to this bill as introduced.)