[Weekly Compilation of Presidential Documents Volume 34, Number 40 (Monday, October 5, 1998)]
[Page 1945]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on House Action on the ``Year 2000 Information and Readiness 
Disclosure Act''

October 1, 1998

    I am pleased that the House today joined the Senate in passing the 
``Year 2000 Information and Readiness Disclosure Act,'' a bill that will 
provide limited liability protections for sharing information while 
protecting consumers from misleading statements. This important 
bipartisan legislation, based on a proposal by my administration, will 
help our Nation prepare its computer systems for the new millennium.
    By encouraging greater information sharing about Y2K solutions, this 
legislation will help businesses, State and local government, and 
Federal agencies in their efforts to address the year 2000 computer 
problem. I look forward to signing it into law.