Oregon Non-Compete Law 2024. On may 14, 2019, oregon governor kate brown signed house bill (hb) 2992, which imposes a new burden on employers that want to. Changes to the law by the 2021 second special session and the 2022 regular session will be reflected in the 2023 edition of oregon revised statutes.
Pursuant to recently passed oregon state law hb 2992, noncompete agreements entered into on or after january 1,. The comment period ended on april 19, 2023, and we are now waiting on the ftc to issue a.
Changes To The Law By The 2021 Second Special Session And The 2022 Regular Session Will Be Reflected In The 2023 Edition Of Oregon Revised Statutes.
On april 23, 2024, the federal trade commission (ftc) issued a final rule.
Today, The Federal Trade Commission Issued A Final Rule To Promote Competition By Banning Noncompetes Nationwide, Protecting The Fundamental Freedom.
Unlike oregon’s 2019 law which imposed new.
Kate Brown Signed Sb 169, Making Substantial Changes To The Statute That Limits Noncompetition Agreements With Oregon Employees,.
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Oregon Law On Permitted Covenants Not To Compete Has Been Amended To Void Nonconforming Agreements And Limit Such Agreements To Employees Making At Least.
Contact employer assistance for details.
These Modifications Become Effective January 1, 2022.
Under senate bill 169, employees must make at least $100,533.00 in 2021 dollars adjusted for inflation to be subject to a noncompete.
