HB367: AN ACT relating to contracts.

Legislative Summary

Create a new section of KRS Chapter 336 to define "covenant not to compete" and "low-wage employee"; provide that an employer shall not require a low-wage employee to enter into a covenant not to compete; set forth civil remedy, damages that can be recovered, and limitations to bring claim; provide that the provisions must be posted by the employer; indicate that an employer shall not retaliate against and employee for bringing a civil action; application of provisions; amend KRS 336.990 to provide civil penalties.