AN ACT relating to contracts.

From the Legislature

Create a new section of KRS Chapter 336 to define "covenant not to compete" and "covered employee"; prohibit an employer from requiring a covered employee to enter into a covenant not to compete; set forth civil remedy, damages that can be recovered, and limitations to bring claim; require that provisions to be posted by the employer; prohibit an employer from retaliating against an employee for bringing a civil action; establish application of provisions; amend KRS 336.990 to provide civil penalties.