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Y2K

Day in Tech History/ Government

July 20, 1999: Y2K Act Gives Government Protection

Jeffrey Powers @geekazine aggregator, american economy, aurora co, auto san andreas, bill clinton, clinton signs, ctss, day in tech history, frivolous litigation, government protection, grand theft auto, grand theft auto san, grand theft auto san andreas, hasbro, historical events, Jesus, Law, legitimate claims, national significance, Podcast, president bill clinton, remediation efforts, responsible companies, Services, technology history, theft auto san andreas, Virtual reality, virtual reality game, y2k act, y2k computer problem, y2k failures, y2k suits, year 2000, Year 2000 problem 0 Comments July 20, 2015

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Y2k
July 20, 1999: Y2k bill signed into law

In a step to protect companies from any post Y2K problems, in 1999, President Bill Clinton signs a bill into law protecting companies from legal action.

Today I have signed into law H.R. 775, the “Y2K Act.” This is extraordinary, time-limited legislation designed to deal with an exceptional and unique circumstance of national significance—the Y2K computer problem.

In signing this legislation, I act in the belief and with the expectation that companies in the high technology sector and throughout the American economy are serious in their remediation efforts and that such efforts will continue. Many have worked hard to identify the potential for Y2K failures among their systems and products, taken reasonable measures to inform those who might be injured from Y2K failures of steps they could take to avoid the harm, and fixed those systems and products, where feasible. If nonetheless there are significant failures or disruptions as we enter the Year 2000, plaintiffs will turn to the courts seeking compensation. Responsible companies fear that they will spend millions or more defending Y2K suits, even if they bear little or no responsibility for the harm alleged. Frivolous litigation could burden our courts and delay relief for those with legitimate claims. Firms whose productivity is central to our economy could be distracted by the defense of unwarranted lawsuits.

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