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2000 SESSION

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SB 372 Computer Information Transactions Act; created, study.

Introduced by: Edward L. Schrock | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Uniform Computer Information Transactions Act. Creates the Uniform Computer Information Transactions Act (UCITA). The UCITA was promulgated by the National Conference of Commissioners on Uniform State Laws. Modeled after the Uniform Commercial Code, Article 2, the UCITA is designed to govern transactions of computer information. This bill is a recommendation of the Joint Commission on Technology and Science. The Joint Commission on Technology and Science is directed to study the impact of the act and report its findings to the Governor and General Assembly by December 1, 2000. The UCITA will become effective July 1, 2001.

SUMMARY AS PASSED SENATE:

Uniform Computer Information Transactions Act. Creates the Uniform Computer Information Transactions Act (UCITA). UCITA was promulgated by the National Conference of Commissioners on Uniform State Laws (NCCUSL). Modeled after the Uniform Commercial Code, Article 2, UCITA is designed to govern transactions of computer information. The bill has a delayed effective date of July 1, 2001 and provides for the Joint Commission on Technology and Science to appoint a subcommittee to study its impact on Virginia businesses and other consumers to report to the General Assembly before December 1, 2000.

SUMMARY AS INTRODUCED:

Uniform Computer Information Transactions Act. Creates the Uniform Computer Information Transactions Act (UCITA). UCITA was promulgated by the National Conference of Commissioners on Uniform State Laws (NCCUSL). Modeled after the Uniform Commercial Code, Article 2, UCITA is designed to govern transactions of computer information. This bill is a recommendation of the Joint Commission on Technology and Science.