Hochul Calls for Scaling Back New York Non-Compete Ban Proposal

Gov. Kathy Hochul (D) says she supports reducing the reach of a bill to bar employee non-competes in New York state that’s awaiting her signature, aligning her with Wall Street and business groups that seek to keep the ban from covering higher earners.

The bill (SB 3100), as passed by the legislature in June, would outlaw virtually all non-competes. It would take effect in 30 days if signed by Hochul before the end of the year.

“What I’m looking at right now is striking the right balance between protecting low and middle-income workers, giving them ...