    [Public Papers of the Presidents of the United States: WILLIAM J. CLINTON (2000, Book I)]
    [June 16, 2000]
    [Page 1164]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on Senate Action on Electronic Signatures Legislation
    June 16, 2000

        I am pleased that the Senate today adopted the electronic signatures
    conference report by an overwhelming bipartisan vote. I look forward to
    signing this important legislation into law as soon as possible.
        This landmark legislation will ensure that consumer protections
    remain strong in the technology age. It will help create new rules of
    the road for America's hi-tech economy. E-commerce helps strengthen our
    economy by lowering inflation, raising productivity, and spurring new
    research and development. By marrying one of our oldest values--our
    commitment to consumer protection--with the newest technologies, we can
    achieve the full measure of the benefits that E-commerce has to offer.
        My congratulations to the Democratic and Republican leaders of the
    conference committee for their hard work on this legislation.