There will be no strict liability for a Y2K problem. This provision will encourage remediation. A plaintiff cannot recover economic losses in a tort action unless the contract between the plaintiff and defendant expressly allows for their recovery, or there is either personal injury or damage to tangible property. The class members whose receipt of the notice cannot be verified must be excluded from the class. The Y2K computer problem potentially affects every computer system that uses date information.
Modern life is very dependent on computerized systems.
This makes a technical glitch as universal as the Y2K bug a potentially major problem for the delivery of almost all goods and services. The Year 2000 Readiness and Responsibility Act is a bipartisan attempt to help computer users responsively solve their Y2K computer problems and avoid potential disruptions that could affect millions of American businesses and consumers. The bill's narrowly tailored legal reforms protect the right of Americans to sue for damages, while limiting excessive legal strategies that directly hinder good faith efforts to solve the problem. A broad based coalition of almost 100 associations and companies supports the legislation, from corporations to small business groups to technology firms. Assigning blame for the Y2K computer problem is difficult, because it's essentially a technical programming issue based on decisions made decades ago.