Another Bid For Y2K Bill Passage

Jan. 13, 2005
WASHINGTON: Senate Republican leaders will make a renewed attempt this week to bring Y2K liability limits legislation -- eagerly sought by business -- to a floor vote after an unsuccessful effort Apr. 29. A cloture vote to end debate over the measure was ...
WASHINGTON: Senate Republican leaders will make a renewed attempt this week to bring Y2K liability limits legislation -- eagerly sought by business -- to a floor vote after an unsuccessful effort Apr. 29. A cloture vote to end debate over the measure was defeated by a 52 to 47 margin, with 60 votes required. All Democrats and three Republicans voted against cloture. Senate Majority Leader Trent Lott (R, Miss.) has said that he will not bring the Y2K bill up again, however, unless Democrats pledge not to attach unrelated amendments. One such amendment, sponsored by Sen. Edward M. Kennedy (D, Mass.), calls for an increase in the minimum wage. Business groups have mounted an intensive lobbying campaign on behalf of the Y2K bill, main sponsor of which is Sen. John McCain (R, Ariz.). Included in the campaign are advertisements in major newspapers and political journals. Although the bill is a priority of business, consumer interests and trial-lawyer groups are adamantly opposed, arguing that it impairs the right of individuals to sue for damages if they suffer from Y2K-related computer breakdowns.

Popular Sponsored Recommendations

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Navigating Disruption: A Leader’s Guide to Strategy Under Uncertainty

Nov. 1, 2023
AI, sustainability, digital--industrials are facing disruptive forces that are redefining what it takes to win. What got your company where it is today won’t get you where you...

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!