The bill aims to establish definitions related to nondisclosure agreements (NDAs) within the state of Michigan. It introduces the term "nondisclosure agreement" as an agreement or contract that includes a clause prohibiting one party from disclosing, discussing, describing, or commenting on the agreement or any of its terms. This clarification is intended to provide a clearer understanding of what constitutes an NDA under Michigan law.

Additionally, the bill specifies that it may be cited as the "nondisclosure agreement definitions act" and includes a provision stating that it will not take effect unless certain other legislative measures are enacted into law. This ensures that the definitions provided in this act are aligned with broader legislative efforts concerning nondisclosure agreements.