The DC Chamber Of Commerce Commends The DC Council For Passing The B24-0256 “Non-Compete Clarification Amendment Act Of 2022”
DC Chamber of Commerce’s Engagement with DC Council Culminates in Critical Changes that Strike a Balance Between the Competitive Needs of the Business Community and Worker’s Compensation
WASHINGTON D.C. (July 13, 2022) – The DC Chamber of Commerce commends the DC Council on the passage of the “Non-compete Clarification Amendment Act of 2022.” The DC Chamber was instrumental in making critical changes to the “Ban On Non-Compete” legislation to include, lowering the compensation threshold to $150,000 and broadening the definition of employee compensation to include unrestricted stocks, and “other payments provided on a regular and irregular basis.”
“The DC Chamber of Commerce has worked diligently over this past year on this legislation and is happy to see the Council passed the amended bill that balances the competitive needs of District businesses while appreciating a worker’s ability to be properly compensated for the skills they bring to a company,” said Angela Franco, President and CEO, DC Chamber of Commerce. “While the Chamber did not see everything we wanted in the bill, we believe the legislation strikes that balance in furthering our mutual goals.”
Over the past year, a DC Chamber working group, comprised of Chamber members and other local businesses and advocates, has been engaged with the Council’s Committee on Labor and Workforce Development to advocate for a balanced non-compete law.
“The DC Chamber would like to thank those who contributed to this legislation including the staff of the Committee on Labor and Workforce Development, and DC Chamber working group members,” said Franco. “We would also like to acknowledge the work and support of council members Brooke Pinto, Kenyan McDuffie, Vincent Gray, Christina Henderson, Anita Bonds, Trayon White, Sr., and Chairman Mendelson.”
About the DC Chamber of Commerce
The DC Chamber of Commerce is the largest Chamber in the Washington, DC region. As an advocate for the DC business community for 81 years, the DC Chamber of Commerce is the voice for businesses in the District of Columbia, proudly serving a diverse membership of more than 1,400 members. For more information, visit https://www.dcchamber.org, or follow the Chamber at https://twitter.com/dcchamber and on https://www.facebook.com/DCCofCommerce.
