The proposed bill would amend current statutes regarding the relationship between qualified marketplace contractors and qualified marketplace platforms. It specifies that contracts can be terminated without cause at any time, provided reasonable notice is given, and allows for unilateral termination by the contractor. The bill also clarifies that the contract must expressly provide for termination by either party, which modifies the existing language that only mentions termination by either party without specifying the need for express provision.

Additionally, the bill introduces new definitions and clarifications regarding the terms "qualified marketplace contractor" and "qualified marketplace platform." It specifies that the act applies to any contract or addendum entered into after the effective date of the legislation. The bill also makes technical changes to the existing language, ensuring that the definitions and requirements are clear and applicable to current practices in the marketplace.

Statutes affected:
Introduced Version: 23-1603
House Engrossed Version: 23-1603